Interpreting the Confidence Interval
Get an overview of interpreting the confidence interval.
Given that both confidence intervals are quite similar, let’s focus our interpretation to only the percentile-method confidence interval of (-0.238, 0.302). Recall from the Precise and Shorthand Interpretation lesson that the precise statistical interpretation of a 95% confidence interval is: If this construction procedure is repeated 100 times, then we expect about 95 of the confidence intervals to capture the true value of
There’s one value of particular interest that this 95% confidence interval contains and that’s zero. If
In our case, because the 95% confidence interval includes 0, we can’t conclusively say if either proportion is larger. Of our 1,000 bootstrap resamples with replacement, sometimes
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