Proportion
Enumerated exactly, not simulated: the Wald interval delivers 0.8775 where it promises 0.95.
Enumerated exactly, not simulated: the Wald interval delivers 0.8775 where it promises 0.95.
Exact here means the coverage is guaranteed rather than approximated. The price is an interval that is wider, and not centered on your estimate.
The textbook proportion interval can put its lower bound below zero. Inverting the test instead gives bounds that stay inside the range.
Learn why a growth figure is a ratio rather than a percentage, why the base period decides the number, and why raw counts need a denominator.