What do We Have Confidence In?

Abstract

Chris and Fred discuss what it means to have confidence in something. Confidence can mean all things to all people. How confident are you as a person? How confident are you in someone else? What confidence do you have in a conclusion? Statisticians and reliability engineers need to talk to each other where the term confidence has a clearly defined and fixed meaning. But does it? How confident are you in the results of a test? How confident are you in a test that has 75 data points versus one that has 70? How confident will your boss be in you when you present the outcomes of these tests? Have these tests shaken YOUR confidence? Best you listen to this podcast.
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