Confidence Levels
A confidence interval is a likelihood that a population parameter will fall between a set of values for a given percentage of the time. In a sampling procedure, confidence intervals are used to determine the degree of uncertainty or certainty. They can employ a variety of confidence levels, the most common of which are 95 percent and 99 percent. They are essentially a mechanism for rating the likelihood of something being true or false.
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Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
