https://doi.org/10.1351/goldbook.C01246
The ). The confidence level can be expressed as a number between 0 and 1, or in
probability
of covering the expected value
of an estimated parameter with an interval estimated for the parameter (symbol percent
. The complementary quantity is known as the significance level.Note:
In some cases the confidence level is dictated by the needs of the situation. In all other instances, use of is recommended.
In some cases the confidence level is dictated by the needs of the situation. In all other instances, use of