Confidence Interval
This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…
What is a “Confidence Interval”?
“Everyone generalizes from one example. At least, I do.” — Steven Brust, science fiction author
Key Points:
- Confidence Interval is the probability a particular analysis is correct.
- The more samples you take, the higher the probability of your Confidence Interval.
- Small sample sizes can lead to misleading measurements. Always collect the largest samples you can to ensure better results.
Questions for Consideration:
- How confident are you in the quality of your measurements and analysis?
- Is it possible to increase your sample size to add confidence to your assessment?
Share this concept: http://book.personalmba.com/confidence-interval/
True leaders aren’t made by business schools – they make themselves, seeking out the knowledge, skills, and experiences they need to succeed. Read this book and you will learn in one week the principles it takes most business professionals a lifetime to master. Buy The Personal MBA by Josh Kaufman now.








