Confidence Intervals and Equivalent Degrees of Freedom
Statistical estimators will calculate an estimated value on the sample series used. The estimates may deviate from the true value and the range of values which for some probability will contain the true value is referred to as the confidence interval. The confidence interval depends on the number of observations in the sample series, the dominant noise type, and the estimator being used. The width is also dependent on the statistical certainty for which the confidence interval values forms a bounded range, thus the statistical certainty that the true value is within that range of values. For variable-τ estimators, the τ0 multiple n is also a variable.
Read more about this topic: Allan Variance
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—Ralph Waldo Emerson (1803–1882)