This particular confidence interval calculator is an online alternative and runs without any downloads or installations. In other words, you can start using it without going through any such stages. In terms of time, it is a big plus point for users.
How does this tool work? What kind of steps have to be completed by the user? These are some core questions which would be present in your mind. Here are the major steps of using this confidence interval calculation tool.
When you are using this tool, a total of four inputs need to be entered. These include the confidence level which is in percentage form, mean value, value of SD and size of sample. Consider that the confidence level is 80%, mean is 20, sample size is 15 and standard deviation is 12. Simply enter these values in the text boxes provided. After that, you only have to click the calculate button to produce the output.
In accordance with the input values entered by the user, a total of three outputs are produced. These include the lower bound, upper bound and confidence interval. Let us consider the values mentioned above.
When you enter the input values listed above, the following results would be shown on your screen.