confidence coefficient


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confidence coefficient

[′kän·fə·dəns ‚kō·i′fish·ənt]
(statistics)
The probability associated with a confidence interval; that is, the probability that the interval contains a given parameter or characteristic. Also known as confidence level.
References in periodicals archive ?
Assume that for the given CL, a lower confidence bound for PD = p of confidence coefficient CL is desired: that is for a binomial observation X ~ BIN (n, p), one requires a function [p.
An adequate regression procedure must provide (a) statistically unbiased estimates of slope and intercept to compute unbiased point estimates of systematic bias at each medical decision level, and (b) an estimated confidence coefficient ([?
4) Selecting a confidence interval and its confidence coefficients, and deriving optimal levels of variables are also useful to insurers and other users of financial statements for controlling the risk associated with measuring the probabilities of other hazards including catastrophic losses and market crashes.
The program Slope/w has a special ability at doing the mentioned analysis which is the major objective of the present case study in order to calculate the confidence coefficient to protect the dam.