Confidence Level

Confidence Level - the confidence level is a measure on the likelihood a company will reach its goals... It’s generally an equation or degree of certainty that a company is capable of living up to its business plan, or promises.  Some companies use a simple and effective way of judging the confidence level, by using a scale.  The company analysis’s how many times they achieved the goal out of 100 events.  If they achieved it 80 times, that would give them an 80 percent confidence level.  An insurance company might use a dollar amount for claims, and figure the percentage of times the assets where there to fulfill the claim