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Confidence Interval

The range within which the true value likely lies.

When you run a test, you get an estimate (like a conversion rate uplift). A confidence interval gives you a range around that estimate where the true value is likely to fall, with a certain level of confidence (e.g., 95%). A narrower interval means more precision. For example, 'a 5% uplift with a 95% confidence interval of 2% to 8%'.

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