What are the advantages and disadvantages of using confidenc

What are the advantages and disadvantages of using confidence intervals as an alternative approach to statistical

inference? cite sources and use on words in explanation

Solution

A confidence interval is a statement giving a range of values within which the researcher is confident that a population parameter lies.

Statistical inference Inference is the process of taking data from a sample selected from a larger population and basing conclusions about the population on the basis of results derived from analysis of the sample data.

As in confidence interval there is a range of values so we could have an idea about the statistical parameter,with certain confidence.

Since there is no paticular value given in the confidence interval