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confidence/precision

Impact Evaluation Confidence and Precision – Fluffy Illusions or Autopsies

By Energy Efficiency, Energy Rant No Comments
This week’s rant is brought to you by Ryan Kroll, Michaels’ Program Evaluation Manager.  Last week Ryan issued a Program Brief discussing 90/10 confidence and precision sampling that is the industry norm for energy efficiency program impact evaluation.  The 90/10 simply means the results of the sampled projects have a 90% probability of being within plus or minus 10% of properly representing the entire population – and NOT necessarily the right answer.  Sample representation and the right answer are obviously different things. Here is the perversion in impact evaluation that I’ve never seen written anywhere: The less you learn about…
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