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isixsigma on MSNMargin of Error and Confidence Levels: Make the Most of Your Customer Surveys - MSNThe Dark Side of Confidence Levels. A 95% level of confidence means that 5% of the surveys will be off the wall with numbers ...
Most surveys have a ninety five percent confidence level. In other words, there's a five percent chance or a one in twenty possibility that the overall public opinion doesn't even fall within the ...
Next, assuming you want a confidence level of 95% (typed as 0.95) and have a sample size of 50, and a standard deviation of 26.319, click on a cell and type "=CONFIDENCE.T (0.95,26.319,50), which ...
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