A 99 percent confidence interval has more confidence but less precision than a 95 percent confidence interval.

Name: A 99 percent confidence interval has more confidence but less precision than a 95 percent confidence interval.
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A 99 percent confidence interval means that there is a higher degree of confidence that the true value falls within the interval, but since the interval is wider, there is less precision compared to a 95 percent confidence interval.

A 99 Percent Confidence Interval Has More Confidence but Less