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S4E15 Flipping Our Hypotheses to Test Equivalence

Quantitude

CHAPTER

How to Calculate a Confidence Interval

If you have a factor loading that has a leading digit of zero, nobody cares. You could be convinced there actually is a nonzero correlation if it was something sufficiently positive or negative. So how would we go about figuring that out? There are hypothesis testing ways to do it. But I think there's a very easy way to think about it just in terms of confidence intervals.

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