Applet | Horseshoes |
Source | istics.net |
Description | Uses an analogy of tossing horseshoes to illustrate how confidence intervals work, user specifies size of horseshoe/interval and simulates tosses which represents attempts to 'capture' the parameter or stick, users can observe that as the size of the horseshoe/interval increases, the chances of capturing the stick/parameter increase but that for any one sample/toss, the stick/parameter may or may not be captured. |
Link | http://istics.net/stat/HorseShoes |
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Keywords | Confidence intervals, Horseshoes |
Visit Count | 1074 |
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