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From Statistics For Dummies by Deborah Rumsey Statistics is about discovering mathematical relationships within collected data. To do that, you come up with a hypothesis, test that hypothesis, and find out how accurate your educated guess turned out to be. You use a variety of formulas to come up with all this statistical data.
your results. The larger the Z-value, the more confidence you can have in your results. The following table shows confidence levels and corresponding Z-values: Confidence Level 80% 85% 90% Z-Value 1.28 1.44 1.64 Confidence Level 95% 98% 99% Z-Value 1.96 2.33 2.58