Confidence level is a degree of confidence expressed as percents like 90%, 95% and 99% prior assigned to the data before the confidence interval is calculated.
In modern business practice, a letter of credit (LC) also known as a Documentary Credit, is a written commitment by a bank issued after a request by an importer (foreign buyer) that payment will be made to the beneficiary (exporter) provided that the terms and conditions stated in the LC been met, as evidenced by the presentation of specified ...
An annual statement of credits, which outlines the credit requirements and your recertification renewal date, is mailed to certified applicators with each new certification card and on the renewal in the year the credits are due. Private and public applicators receive a credit statement each fall.