Confidence Level
How sure you want to be — 95%, 99% — when quoting a risk figure or a statistical estimate. A 99% VaR is a bigger, more cautious number than a 95% one; the level sets how far into the tail you look.
Where this is taught
Definitions are the trailer. These free levels turn Confidence Level into something you play — one bite-size lesson, with worked examples, a quiz and XP.