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CONFIDENCE function

Returns the margin of error of a population mean (older name of CONFIDENCE.NORM).

Syntax

=CONFIDENCE(alpha, standard_dev, size)

Arguments

ArgumentRequiredDescription
alphaRequiredThe significance level (0.05 for 95% confidence)
standard_devRequiredThe population standard deviation
sizeRequiredThe sample size

How to use CONFIDENCE

CONFIDENCE is kept so older workbooks keep working. It calculates the same way as CONFIDENCE.NORM, which is the name to use in new formulas.

CONFIDENCE takes 3 required arguments. Type =CONFIDENCE( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.

Examples

Each result below was calculated by the SheetsBat formula engine.

=CONFIDENCE(0.05, 2.5, 50)Result 0.692951912

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