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Our popular course Introduction to QuantLib Development will be taking place June 18-20th, 2018.


Interpreting Confidence Intervals

Wed, 14 May 2014 11:51:18 GMT

I enjoyed William M. Briggs' ("Statistician to the Stars") post today: "Frequentists are Closet Bayesians: Confidence Edition". Getting your head around the (correct) interpretation of a confidence interval can be difficult for students. Try teaching it - and keeping a straight face! It's a challenge, to be sure. On such days, my Bayesian inclinations percolate to the top. That being said, I though it would be worth pointing newcomers to this blog to a post of mine from 2011 that relates...

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