confidence intervals
Confidence intervals refer to the statistical concept expressing the degree of confidence that, for instance, total losses will be below or above a given amount in any specified period, typically 1 year.
confidence intervals
Confidence intervals refer to the statistical concept expressing the degree of confidence that, for instance, total losses will be below or above a given amount in any specified period, typically 1 year.
Additional Information
The confidence level, or percentage, is interpreted as the long-run probability that the estimates will hold true over many stimulated estimate periods.
Synonyms
confidence levels
