Dave

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look at each bound on the range as a separate “binary” question. A 90% CI interval means there is a 5% chance the true value could be greater than the upper bound and a 5% chance it could be less than the lower bound. This means that estimators must be 95% sure that the true value is less than the upper bound.
How to Measure Anything: Finding the Value of Intangibles in Business
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