Asked by Danielle Giannini on Apr 27, 2024
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If you increase the confidence level,the confidence interval becomes ____________________.
Confidence Level
It describes the degree of certainty associated with a statistical estimate or range, typically expressed as a percentage, indicating how likely it is that the true value lies within a specified interval.
Confidence Interval
A range of numbers, derived from statistical analyses of samples, likely to possess the value of a population parameter that remains unknown.
- Comprehend how alterations in the confidence level affect the breadth of the confidence interval.
Verified Answer
Learning Objectives
- Comprehend how alterations in the confidence level affect the breadth of the confidence interval.
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