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What is Confidence limit includes:- and explain in detail?
- Confidence limit includes Mean and standard error. - Confidence limits are the upper and lower boundaries of a confidence interval. Confidence interval is the interval within which a parameter value is expected to lie with ceain confidence levels, as could be revealed by repeated samples. CI= Mean +/- (Z x Standard error), Where Z= critical value, and S.E. =Standard detion/ [?]sample size= S.D./[?]n