Pierre Simon Laplace, Inverse Probability, Central Limit Theorem, Probability, Deep Dives.
modern terms, (1 — α) is the confidence level and [μ_low, μ_high] (1 — α)100% confidence interval for the unknown mean μ. In equation terms, what you want to have are the values μ_low and μ_high such that: The (1 — α)100% confidence interval for the unknown population mean μ (Image by Author) We’ll