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An Examination of the Conservative Nature of “Classical” Confidence Limits for a Proportion
Authors:D. E. Walters
Abstract:The performance of the standard confidence limits for a proportion is studied over the entire range of proportions, and for various prescribed values of the nominal confidence coefficient. In the light of the conservative nature of these limits, modifications are suggested resulting in limits with average confidence coefficients close to the 95% nominal value. A comparison is made with a solution obtained from the application of Bayes's theorem to the problem.
Keywords:Confidence limits  Proportions  Confidence coefficients  Bayes
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