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 ?
When compared to other regions, business travelers outside the US have lower confidence levels and are far less optimistic about the use of technology overall.
Coupled with the myriad adverse economic forces that have already been hammerMYing household income growth and credit extension since the beginning of the year, low consumer confidence levels are likely to translate into weak retail sales growth during the Christmas holidays.
After Wales the North West has the next-lowest confidence levels.
Separately, in a MasterCard Survey of people above the age of 30, respondents were asked similar questions about their short-term confidence levels, with their views on the local stock market as an added category.
The UAE's consumer confidence level climbed four points in the third quarter as the Emirates reinforced its position as the only country in the Middle East to be ranked among the top five countries in the world with the most bullish sentiments, according to a new Nielsen survey.
5% confidence level comes from DIRECTIVE 2009/138/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 25 November 2009, Article 101:
BEIRUT: The Byblos Bank-OSB Consumer Confidence Index showed Lebanese consumers' confidence levels at their lowest during the first nine months of 2011, owing chiefly to political divisions over the Special Tribunal for Lebanon and the ongoing political crisis in neighboring Syria.
Confidence levels are still higher than a year ago and distribution firms were more confident than services businesses about the outlook.
Despite the dip, confidence levels are still higher than a year ago, said the report.
Kuwait and Saudi Arabia showed increasing confidence while in the UAE, Oman and Bahrain, business confidence levels have declined in the fourth quarter.
New research shows that confidence levels in the manufacturing sector jumped in the third quarter and many businesses are looking to invest in research and development.
Consumer confidence levels have increased in most Middle Eastern countries, according to the latest consumer study by Bayt.