confidence interval

confidence interval definition - business

confidence interval

In statistics, the range of values with a specified probability of a parameter falling within the range. The larger the confidence interval, the less the power of a study to detect differences between groups.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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