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The confidence interval can be expressed in terms of statistical significance, e.g.: "The 95% confidence interval represents values that are not statistically significantly different from the point estimate at the .05 level." [20] Interpretation of the 95% confidence interval in terms of statistical significance.
Ludvigson believes consumer confidence index is a coincident indicator as it relates to consumer's current situations. [32] Winton & Ralph state that retail trade index is a benchmark for the current economic level because its aggregate value counts up for two-thirds of the overall GDP and reflects the real state of the economy. [33]
A confidence interval states there is a 100γ% confidence that the parameter of interest is within a lower and upper bound. A common misconception of confidence intervals is 100γ% of the data set fits within or above/below the bounds, this is referred to as a tolerance interval, which is discussed below.
Nonetheless, the Buy-On-Dips Confidence Index divergence may go some small way toward undercutting the popular belief that the stock market won't -- or can't -- reach a peak until the little guy ...
A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries. In simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. Decreasing consumer confidence implies slowing economic growth, and so consumers are ...
The Consumer Confidence Index is a reflection of the discussions that take place at kitchen tables, at water coolers and more commonly, on remote-work platforms like Slack every day across the ...
On Tuesday, the Conference Board's consumer confidence index reached a two-year high on what the business group said was "surging views of current conditions" and "declining pessimism about [the ...
The University of Michigan Consumer Sentiment Index is based on at least 500 telephone interviews. The survey contains fifty core questions. [26] The Consumer Confidence Index has ten times more respondents (5000 households). However, the survey consists of only five main questions concerning business, employment, and income conditions.