A higher confidence level means that the point estimate for the population mean will be closer to the true population mean.

Name: A higher confidence level means that the point estimate for the population mean will be closer to the true population mean.
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Question

Quizplus · Accepted Answer

A higher confidence level increases the width of the confidence interval, indicating a wider range of values that might contain the true population mean, but it does not guarantee that the point estimate is closer to the true population mean.

A Higher Confidence Level Means That the Point Estimate for the Population