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confidence level |
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confidence level [′kän·fə·dəns ‚lev·əl] (industrial engineering) The probability in acceptance sampling that the quality of accepted lots manufactured will be better than the rejectable quality level (RQL); 90% level indicates that accepted lots will be better than the RQL 90 times in 100. (statistics) 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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