Confidence level


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Confidence level

In risk analysis, the degree of assurance that a specified failure rate is not exceeded.

Confidence Level

In polling and statistics, the degree of certainty in the confidence interval. The confidence level is how likely a pollster or statistician believes the results of a poll are repeatable and non-random. This is expressed as a percentage. For example, if a poll finds that 48% of those polled intend to vote for Candidate A with a 3% confidence interval and a 95% confidence level, this means that the pollster is 95% certain that between 45% and 51% of the population at large will vote for Candidate A.
References in periodicals archive ?
Assessment of motor function and functional abilities confidence level were carried out once using the Modified Motor Assessment Scale (MMAS) and Functional Abilities Confidence Scale (FCAS) respectively.
A covered opinion that fails to conclude at a confidence level of at least more likely than not with respect to a significant federal tax issue must prominently disclose that the opinion does not reach this confidence level and the taxpayer may not use the opinion to avoid penalties.
As the time measurement accuracy is [+ or -] 1% without mentioning the confidence level, the relative uncertainty Uv = 0.
In the most basic iteration of the hierarchy, the meaningful confidence levels range upward from:
On a scale of 100, confidence level moved up to 62.
Summary: DUBAI -- Consumer confidence levels in the UAE are showing a steady increase, with a latest survey revealing that consumers are "extremely optimistic" this year.
Before the recession hit, consumer confidence level was rated a high 89.
8), but consumer confidence levels are at a record high since the Index was launched in the region in 2004.
Mr Cook said the confidence level was a "huge tribute" to the Chief Constable Sean Price, every officer and member of staff, and to Cleveland Police Authority.
It's not about a confidence level," Mobley said before Game 3 Thursday.
A survey tool to determine comfort, frustration and confidence level was administered with a one group pre-test/post-test design to all students at the beginning and end of the course.
It should be used when the risk is commensurate with the confidence level required--for example, when litigation or a high level of fiduciary responsibility is involved or when a lender is considering a high loan-to-value ratio.