Asked by Phoenix Friday on May 11, 2024

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The wider the confidence interval, the more likely it is that the interval contains the true value of the population parameter.

Population Parameter

A numerical value that represents a characteristic or feature of an entire population.

  • Understand the direct relationship between the margin of error, sample size, and confidence levels.
  • Grasp the factors affecting the width of a confidence interval and strategies to alter it.
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JS
Jolina SantosMay 15, 2024
Final Answer :
True
Explanation :
This statement is true. The wider the confidence interval, the more spread out the range of possible values is, which means there is a higher probability that the true population parameter falls within that range. A narrower interval means a smaller range of possible values, which decreases the probability of capturing the true value of the population parameter.