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)
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Qualitative variable like gender and confidence level were measured as frequency and percentage.
Table-1: Difference in confidence level and OSCE scores among course participants before and after the course.
When there exists the epistemic uncertainty in the analysis or [[beta].sub.u] is larger than 0, the confidence level of the mean probability risk model would be obtained using (15).
While confidence level in services and heavy engineering has moved up, the sentiments in light industry have dipped marginally.
According to John Loos, Household and Property Sector Strategist at FNB, strong headwinds--in the form of higher personal income taxes, poor job creation, frequent power outages, drought conditions in large parts of the country, rising interest rates and an alarming depreciation in the rand exchange rate--have been battering household income growth and consumer confidence levels since the beginning of the year.
The student can specify any sample size and any confidence level and the system will construct and visualize the confidence interval.
US, with a VC confidence level of 4.17, continues to be the top favorite VC investment destination followed by Israel.
The third step is to calculate the confidence level of the area under the curve between the value range.
While respondents were slightly less confident with the current economic climate, reporting a 66.5 confidence level, NRMCA finds a 74.3 confidence level for producers eyeing future market conditions.
The observed value of z is -6.181 which falls in the rejection region and thus we reject H* at 99% confidence level and conclude that the job satisfaction of Islamic bank and conventional bank differs significantly.
For the 2 in symmetrical and flat blade experiments, no pair of data sets had a statistically significant difference in the observations with and without the winglet, to produce a confidence level of 95%.
With regard to the regional confidence level, Tabbara said, "CEO confidence in MENA has risen for three consecutive quarters, based not only on strong oil prices but also increasing diversification within some of the region's economies."