As the level of confidence increases, the width of the confidence interval: a. decreases b....
Question:
As the level of confidence increases, the width of the confidence interval:
a. decreases
b. increases
c. remains constant
d. all of the above
Confidence Level
The confidence level is often denoted as CL. It is the likelihood that the confidence interval contains an unknown parameter, where {eq}\text{CL}=(1-\alpha) \%{/eq}. Here, {eq}\alpha {/eq} is the likelihood stating that the parameter is not within the specified confidence interval. The confidence level is usually specified by the researcher.
Answer and Explanation: 1
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View this answerAs the confidence level increases, the chance of finding the correct value in that interval increases, and hence it results in a larger interval. It...
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Chapter 9 / Lesson 2Confidence intervals demonstrate how sure researchers are that a mean will lie between two numbers. Identify the importance of point and interval estimates, confident levels and coefficients, and terms associated with confidence in statistics.
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