Convergence, Probability, Cumulative Distribution, Statistics, Editors Pick.
Author) In the above plot, you’ll find that only 21 out of the 100 sample means lie within the [1.08, 1.32] interval. Thus, the probability of chancing upon a random sample of 5 wave height measurements whose mean lies within your chosen +/ — 10% threshold of tolerance is only 0.21 or 21%. The odds