Businesses like to use a ________ confidence interval when they perform forecasting.
A) 25%
B) 35%
C) 75%
D) 95%

Name: Businesses like to use a ________ confidence interval when they perform forecasting. A) 25% B) 35% C) 75% D) 95%
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Question

Quizplus · Accepted Answer

Businesses typically use a 95% confidence interval for forecasting because it provides a high level of certainty about the range within which their future data points are expected to fall, balancing precision and reliability.

Businesses Like to Use a ________ Confidence Interval When They