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Asked by Michael Clifford on Jun 19, 2024

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Other things being equal,the confidence interval for the mean will be wider for 99% confidence than for 95% confidence.

Population Mean

The average value of a property in a population.

Confidence Interval

A span of values, taken from sample statistics, seen as likely to encase the value of an unidentified population parameter.

Confidence Level

The probability, expressed as a percentage, that a parameter lies within a specified range of values (confidence interval).

  • Perceive the impact of changing confidence levels on the magnitude of the confidence interval.
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Samanthaaa CambamJun 26, 2024
Final Answer :
True
Explanation :
This is because a 99% confidence level requires a larger margin of error. Therefore, the range of values the true population mean may fall within is wider, resulting in a wider confidence interval.

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