The more certain we wish to be that the interval estimate contains the population parameter,the wider the interval will have to be.

Name: The more certain we wish to be that the interval estimate contains the population parameter,the wider the interval will have to be.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. As we increase our desired level of confidence in the interval estimate, we must also increase the margin of error (width of the interval) to account for greater variability and uncertainty.

The More Certain We Wish to Be That the Interval