95% confidence interval, or is it?
Hello, I have been asked to provide some statistical advice on process related values. So we are making a product and we are monitoring the amount of solvent left at the end of synthesis.
I have been given 12 values. From this admitedly very small statistical sample, we want to make a prediction to say: in the future 95% of the values will be under this value. I tried giving my colleagues the uppe...