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Confidence Level |
Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| 1 have ideas, but no money, and my confidence level is low. The middle headline was the winner, but the confidence level (given by the software) said there's a 38 percent chance that the third headline could be the real winner. Despite the highest consumer confidence level in four years and robust home sales, the dollar continued to struggle. |
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