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A z-value by itself, has nothing to do with level of confidence.A z-value can be used to calculate probabilities of observing a result that is at least as far from the mean. That probability measure can be used to calculate the level of confidence but you need to be careful about using the one-tailed or two-tailed measures - as appropriate.A z-value by itself, has nothing to do with level of confidence.A z-value can be used to calculate probabilities of observing a result that is at least as far from the mean. That probability measure can be used to calculate the level of confidence but you need to be careful about using the one-tailed or two-tailed measures - as appropriate.A z-value by itself, has nothing to do with level of confidence.A z-value can be used to calculate probabilities of observing a result that is at least as far from the mean. That probability measure can be used to calculate the level of confidence but you need to be careful about using the one-tailed or two-tailed measures - as appropriate.A z-value by itself, has nothing to do with level of confidence.A z-value can be used to calculate probabilities of observing a result that is at least as far from the mean. That probability measure can be used to calculate the level of confidence but you need to be careful about using the one-tailed or two-tailed measures - as appropriate.
The value for a one-sided confidence interval of 86% is 1.08
For a lower level test with significance level (alpha) 0.01, the z value is -2.33. That is, P( z < -2.33) = 0.01. The area to the left of -2.33 is 0.01.
A z-score of 0 means the value is the mean.
The answer will depend on whether the confidence interval is one-sided, or two-sided and, if two-sided, whether or not it is symmetrical. Symmetrical 2-sided: ±0.189