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confidence interval
(redirected from Confidence coefficient)

    Also found in: Medical, Encyclopedia, Wikipedia 0.01 sec.
confidence interval
n.
A statistical range with a specified probability that a given parameter lies within the range.
confidence interval
n
(Mathematics & Measurements / Statistics) Statistics an interval of values bounded by confidence limits within which the true value of a population parameter is stated to lie with a specified probability
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Such limits are supposed to provide a data-dependent interval containing the unknown p with a given probability called confidence coefficient (see Hahn and Meeker, 1991).
Pass-fail testing: statistical requirements and interpretations by Gilliam, David; Leigh, Stefan; Rukhin, Andrew; Strawderman William / Journal of Research of the National Institute of Standards and Technology
Be''b= Pz(Bsz x Wzsz) + (Sw x Wzsw) (1) Be''b - e-business safety Pz - probability of changes in the external zone Bsz - external zone safety Wzsz - confidence coefficient of "soft" elements of the external zone Sw - internal zone safety Wzsw - confidence coefficient of "soft" elements of the internal zone According to the Giga Group experts by measuring particular periods and areas one can create a safety map, identify threatened areas and critical zones.
REQUIREMENTS BUSINESS CONCERN AND E-BUSINESS SAFETY by Kazimierz W. KRUPA / Finance and Investment community
 
 
 
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