DAX Function Guide
CONFIDENCE.T
Sam McKay
CEO & Founder
How does the CONFIDENCE.T work?
CONFIDENCE.T Formula Syntax
CONFIDENCE.T(
alpha,standard_dev,size
)
How do you use the CONFIDENCE.T?
CONFIDENCE.T calculates the width of half the confidence interval. A value picked at random from the data set has 1-alpha probability of lying within the mean plus or minus the result of CONFIDENCE.T.
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Considerations when using the CONFIDENCE.T?
The CONFIDENCE.T function has 3 parameters: the Alpha which is used to compute the confidence level, the Standard_dev which is the population standard deviation for the data range, and the Sample size.
If alpha ≤ 0 or alpha ≥ 1, CONFIDENCE.T returns the #NUM! error value.
If standard_dev ≤ 0, CONFIDENCE.T returns the #NUM! error value.
If size is not an integer, it is rounded.
If size equals 1, CONFIDENCE.T returns #DIV/0! error value.
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Formula examples using the CONFIDENCE.T
=CONFIDENCE.T(0.05,1,50)
=CONFIDENCE.T( 0.05, 0.07, 100 )
=CONFIDENCE.T(0.05,STDEV(A2:A10),9)
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