confidence level


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Related to confidence level: significance level

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)
References in periodicals archive ?
There was a sharp drop in the confidence level of services and light industry sectors.
It therefore follows that the existence of functional abilities confidence level may influence motor function and affect quality of life of stroke survivors.
The opinion must also provide an overall conclusion as to the confidence level of the transaction or matter.
When a professional tax adviser provides a formal opinion on the merits of a taxpayer's return position, the adviser usually expresses it in terms of where the position falls along a hierarchical spectrum of "tax opinion confidence levels.
Different confidence levels may indicate that one is more likely than the other in this case.
The latest round of Business Today 's Business Confidence Index shows increase in the confidence level of corporate leaders.
Across the Middle East, the consumer confidence level remains very optimistic with an average score of 81.
Merchants are hoping that this confidence level continues to grow, and consumers continue to spend and borrow money.
The survey has a margin of sampling error of plus or minus four to five percentage points at the 95 per cent confidence level.
As revealed last week, figures published by the Home Office show that Cleveland Police's public confidence level currently stands at 54%, well above the national average.
Sheila Lewis, whose 13-year-old daughter, Loren, has taken part in the program since its beginning, has seen a marked difference in Loren's confidence level, a change that was underscored during Spirit of Beauty's annual fashion show.