All other variables held constant, a 95% confidence interval will give us a narrower range than will a 99% confidence interval.

Name: All other variables held constant, a 95% confidence interval will give us a narrower range than will a 99% confidence interval.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

A 95% confidence interval is narrower because it requires less certainty, allowing for a smaller range of values compared to a 99% confidence interval, which requires more certainty and thus a wider range.

All Other Variables Held Constant, a 95% Confidence Interval Will