# Confidence Interval Formula

The confidence interval formula in statistics is used to describe the amount of uncertainty associated with a sample estimate of a population parameter. It describes the uncertainty associated with a sampling method.

To recall, the confidence interval is a range within which most plausible values would occur. To calculate the confidence interval, one needs to set the confidence level as 90%, 95%, or 99%, etc. A 90% confidence level means that we would expect 90% of the interval estimates to include the population parameter; 95% of the intervals would include the parameter and so on.

## Formula for Confidence Interval

The formula for the confidence interval is given below:

Confidence Interval Formulas
If n â‰¥ 30 Confidence Interval = xÌ„ Â± zÎ±/2(Ïƒ/âˆšn)
If n<30 Confidence Interval = xÌ„ Â± tÎ±/2(S/âˆšn)

Where,

• n = Number of terms
• xÌ„ = Sample Mean
• Ïƒ = Standard Deviation
• zÎ±/2 = Value corresponding to Î±2 in z table
• tÎ±/2 = Value corresponding to Î±2 in t table
• Î± = (1 – Confidence Level /100)

Also Try: Confidence Interval Calculator