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These six intervals provide a description of how widely the estimates vary from sample to sample, and how close the estimates are to the actual value of 500: Note 6
The interval from 350 to 650 is the largest interval in the table above; its interval range is 300. This tells us two things:
• | All (100/100) of the estimates are between 350 and 650, a range of 300. |
• | These estimates fall within 150 (the interval radius) of 500. |
The interval 475 to 525 is the smallest interval in the table. This tells us two things:
• | Fewer than half (37/100) of the estimates are between 475 and 525, a range of 50. |
• | These estimates fall within 25 (the interval radius) of 500. |
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