The confidence level (in percent) for a two-sided interval estimate of the mean.

Namespace: Imsl.Stat
Assembly: ImslCS (in ImslCS.dll) Version: 6.5.0.0

Syntax

C#
public double ConfidenceMean { get; set; }
Visual Basic (Declaration)
Public Property ConfidenceMean As Double
Visual C++
public:
property double ConfidenceMean {
	double get ();
	void set (double value);
}

Field Value

A double containing the confidence level of the mean.

Remarks

ConfidenceMean must be between 0.0 and 1.0 and is often 0.90, 0.95 or 0.99. For a one-sided confidence interval with confidence level c less than 50 percent, set ConfidenceMean =1.0- 2.0*(c/100). This effectively gives the one-sided confidence interval for both c% and (100-c)%. For example, for a one-sided t-test with confidence level of 40, set ConfidenceMean=.2 . This means that 40% of the distribution is lower than LowerCIMean and 40% of the distribution is greater than UpperCIMean. It also means that 60% of the distribution is greater than LowerCIMean and 60% is lower than UpperCIMean. If the confidence mean is not specified, a 95-percent confidence interval is computed.

See Also