Confidence Level Calculator
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What is the Confidence Level Calculator?
The Confidence Level Calculator is a statistical tool that helps users estimate the range within which the true population mean is likely to fall, based on a sample. By entering the sample mean, standard deviation, sample size, and desired confidence level, the calculator computes the margin of error, identifies the corresponding z-value, and generates the confidence interval. This allows students, analysts, and researchers to make informed decisions and quantify uncertainty when interpreting sample data.
How to Use:
- Enter Sample Mean (x̄): Input the average of your sample data.
- Enter Standard Deviation (σ): Input the standard deviation of the sample or population.
- Enter Sample Size (n): Input the number of observations in your sample.
- Enter Confidence Level (%): Input the desired confidence level (e.g., 90, 95, 99).
- Click “Calculate”: The calculator computes the margin of error, z-value, and confidence interval.
- Review Result: The output shows the confidence interval and provides an interpretation, indicating the range in which the true population mean is likely to lie with the specified confidence level.