t Confidence intervals for the Mean

Confidence intervals for the mean provide a statistical framework to estimate the range within which the true population mean is likely to fall. This crucial tool in inferential statistics allows researchers and analysts to convey the uncertainty associated with their sample mean. By establishing a confidence level, typically expressed as a percentage, practitioners gain insights into the precision of their estimates. This method aids in making informed decisions, enhancing the reliability of study findings, and acknowledging the inherent variability in data. Confidence intervals serve as a valuable tool in quantifying the range of plausible values for the population mean, thus contributing to robust statistical inference.