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shahd
Quartz | Level 8

Hi

how can i explain the 95% Wald confidence intervals on the model parameters. for example if I got

95% Wald confidence interval  (-0.3274, 0.7687) for the first parameter what this implies ?

1 REPLY 1
saslove
Quartz | Level 8

The value of y given x is between -0.3274 to 0.7687.

 

That means for each given value of x, y can be between those two intervals 95% of the time.