Other things being equal,as the confidence level increases,the width of the confidence interval increases.

Name: Other things being equal,as the confidence level increases,the width of the confidence interval increases.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

When the confidence level increases, we need to be more certain about the estimate, which means we need to be more conservative in our assumptions. This results in a wider range of values that we consider plausible, leading to a wider confidence interval.

Other Things Being Equal,as the Confidence Level Increases,the Width of the Confidence