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Chapter 3 – clarity on ppf #472

@n-splv

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@n-splv

There is an issue on chapter XXX, in the following paragraph

The function ppf in python gives us the inverse of the CDF. Instead of multiplying the standard error by 2 like we did to find the 95% CI, we will multiply it by z, which will result in the 99% CI. So, ppf(0.5) will return 0.0, saying that 50% of the mass of the standard normal distribution (mean 0 and 1 standard deviation) is below 0.0. By the same token, if we plug 99.5%, we will have the value z, such that 99.5% of the distribution mass falls below this value. In other words, 0.5% of the mass falls above this value.

For clarity, I would add:

, and subtracting 0.5% from each side gives us exactly the 99% confidence interval.

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