Where do we start?

Glossary

Confidence Level

A confidence level is a statement of how reliable a finding is, together with an explanation of its basis. A confidence level whose basis is not declared has no informational value.

Also called سطح اطمینان

The phrase “confidence: high” by itself says nothing. What creates meaning is the basis: “high confidence, based on a comparison of six similar periods” or “low confidence, only two observations.”

Common bases for setting confidence: volume of supporting data, time coverage, number of observations, data quality and completeness, and the presence of known confounding factors.

Let’s make your processes agentic

Where do we start?
Confidence Level · DIDRAH