Confidence level/Definition: Difference between revisions

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imported>Nick Gardner
(New page: <noinclude>{{Subpages}}</noinclude> the probability that a random variable will lie within a chosen ''confidence interval''.)
 
imported>Peter Schmitt
(reformulation)
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<noinclude>{{Subpages}}</noinclude>
<noinclude>{{Subpages}}</noinclude>
the probability that a random variable will lie within a chosen ''confidence interval''.
 
The probability that the true value a random variable lies within the estimated (or predicted) ''confidence interval''.

Revision as of 17:35, 29 June 2009

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Confidence level [r]:

The probability that the true value a random variable lies within the estimated (or predicted) confidence interval.