Binomial Distributed Data Confidence Interval Calculation: Formulas, Algorithms and Examples
When collecting experimental data, the observable may be dichotomous. Sampling (eventually with replacement) thus emulates a Bernoulli trial leading to a binomial proportion. Because the binomial distribution is discrete, the analytical evaluation of the exact confidence interval of the sampled outc...
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Format: | Article |
Language: | English |
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MDPI AG
2022-05-01
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Series: | Symmetry |
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Online Access: | https://www.mdpi.com/2073-8994/14/6/1104 |
Summary: | When collecting experimental data, the observable may be dichotomous. Sampling (eventually with replacement) thus emulates a Bernoulli trial leading to a binomial proportion. Because the binomial distribution is discrete, the analytical evaluation of the exact confidence interval of the sampled outcome is a mathematical challenge. This paper proposes three alternative confidence interval calculation methods that are characterized and exemplified. |
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ISSN: | 2073-8994 |