Pierre Simon Laplace, Inverse Probability, Central Limit Theorem, Probability, Deep Dives.
(1-α)100% confidence interval for the unknown population mean μ (Image by Author) Without loss of generality (and isn’t that a terrifically useful phrase), let’s recast our problem statement to use the standardized sample mean Z_n. We would be seeking two bounds on Z_n, namely z_low and z_high such