In the context of a confidence interval, the width represents the range between the upper and lower limits of the interval. It determines how precise or narrow our estimate is.
Related terms
Precision: Precision refers to how closely individual measurements agree with each other. A narrower width in a confidence interval indicates higher precision.
Confidence Level Margin: The confidence level margin is half of the total width, representing the distance from either end of the confidence interval to its center point.
Sampling Error: Sampling error occurs when we make conclusions about a population based on information from a sample. It contributes to uncertainty and affects the width of our confidence interval.