en

confidence factor

1

Terminological databases

EKI terminibaas Esterm

ID 718637 Last modified 30.12.2004
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Domain public financesStatistics
confidence factor
Usage examples
  • The new total is added to the Precision. This precision is the sampling interval multiplied by the confidence factor. (The confidence factor is 3 for 95% confidence and 1.9 for 85% confidence.). Finally this new total is added to the known errors to reach the Total Error.

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