CONFIDENCE INTERVAL


Meaning of CONFIDENCE INTERVAL in English

denoted by (1- a )100% ; this interval is constructed with regard to a given confidence level , which states how much confidence we have that the interval contains the true population parameter.

Note: a ( alpha ) is the significance level .

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.