What This Calculator Measures
A credible interval is the Bayesian counterpart to a confidence interval: given a posterior distribution over a parameter, it's the range that contains a stated proportion (say 95%) of the posterior probability. Its width tells you how precisely your data and prior beliefs together pin down the parameter — a narrow interval means the posterior is concentrated, a wide one means real uncertainty remains even after seeing the data.
This calculator estimates that width from a normal-approximation posterior using your posterior standard deviation, sample size, confidence (credibility) level, and two optional adjustments — a prior weight, which tightens the interval to reflect the equivalent number of "extra observations" your prior belief contributes, and a design effect, which widens it to account for non-simple-random sampling such as clustering or stratification.
How to Use This Well
- Enter the posterior standard deviation and the confidence (credibility) level.
- Add sample size and the prior's equivalent weight in observations.
- Set effect size and design effect.
- Review the interval width and half-width.
- Adjust sample size or prior weight if the interval is too wide for your decision.
Formula Breakdown
Effective n = Sample size ÷ Design effect
Posterior n = Effective n + Prior weight
Width = 2 × z × Posterior std dev ÷ √(Posterior n)
Half-width = Width ÷ 2
Signal score = Effect size ÷ WidthWorked Example
Using the calculator's own defaults — posterior standard deviation 1.8, 95% confidence, sample size 150, prior weight 20, effect size 0.6, and design effect 1.1:
- z for 95% confidence ≈ 1.96.
- Effective n: 150 ÷ 1.1 ≈ 136.4.
- Posterior n: 136.4 + 20 = 156.4.
- Width: 2 × 1.96 × 1.8 ÷ √156.4 ≈ 0.564.
- Half-width: 0.564 ÷ 2 ≈ 0.282.
- Signal score: 0.6 ÷ 0.564 ≈ 1.06.
A width of 0.564 falls in the "moderate" band below — standard precision, with the effect size only slightly larger than the width itself, so the interval is informative but not by a wide margin.
Interpretation Guide
| Width | Meaning | Action |
|---|---|---|
| Under 0.5 | Tight — high precision. | Current settings are working well. |
| 0.5-1.0 | Moderate — standard precision. | Usable for most decisions; consider more data for close calls. |
| 1.0-1.5 | Wide. | Increase sample size or strengthen the prior. |
| 1.5+ | Very wide. | Refine the model or gather substantially more data before deciding. |
Common Mistakes to Avoid
- Treating a credible interval like a confidence interval: a 95% credible interval means there's a 95% probability the parameter lies in that range given your prior and data — it does not carry the frequentist "95% of intervals built this way would contain the true value" interpretation, even though the two are often numerically close.
- Forgetting the design effect for clustered data: survey or panel data collected in clusters (classrooms, households, clinics) has less independent information than its raw sample size suggests; skipping the design effect will understate your interval width.
- Treating prior weight as free precision: a large prior weight tightens the interval only if the prior is actually justified — an unjustified strong prior produces a falsely narrow, overconfident interval.
- Ignoring the signal score: a tight interval around an effect size close to zero can still mean "no meaningful effect" — always compare the interval width to the effect size you actually care about, not just to zero.
Implementation Checklist
- Estimate the posterior standard deviation from your model or prior analysis.
- Pick a confidence (credibility) level appropriate for your decision.
- Set sample size and account for clustering via the design effect.
- Review the width against your minimum effect size of interest.
Related Calculators
- Bayes Sample Update Calculator
- Proportion Sample Size Planner Calculator
- Sampling Margin Planner Calculator
Frequently Asked Questions
How accurate are the results?
What sample size do I need for reliable results?
How does prior weight affect the interval width?
What is a design effect and when do I need one?
Common Tip Percentages
| Service | Typical Tip Range | Notes |
|---|---|---|
| Restaurant (sit-down) | 15–20% | 20%+ for exceptional service |
| Food delivery | 10–20% | Consider extra for long distances |
| Taxi / rideshare | 10–20% | More for assistance with luggage |
| Hotel housekeeping | $2–5/night | Leave daily, not just at checkout |
| Barber / hair salon | 15–20% | On pre-discount total |
| Pizza delivery | 10–15% or $3–5 minimum | Higher in bad weather |
General Household Budget Ratios (50/30/20 Rule)
| Category | % of Net Income | Examples |
|---|---|---|
| Needs | 50% | Rent, groceries, utilities, insurance |
| Wants | 30% | Dining out, entertainment, hobbies |
| Savings / Debt | 20% | Emergency fund, retirement, extra payments |
Common Measurement Conversions for Everyday Use
| Quantity | US / Imperial | Metric Equivalent |
|---|---|---|
| 1 cup | 8 fl oz | 237 mL |
| 1 pint | 16 fl oz | 473 mL |
| 1 quart | 32 fl oz | 946 mL |
| 1 gallon | 128 fl oz | 3.785 L |
| 1 lb | 16 oz | 453.6 g |
| 1 ft | 12 in | 30.48 cm |