Which of the following is a characteristic of confidence intervals?
A)The less certain an estimate,the more precise the estimate.
B)The more certain an estimate,the less precise the estimate.
C)both A and B

Question

Quizplus · Accepted Answer

Confidence intervals are based on the level of certainty or probability of the estimate. The width of the confidence interval will decrease as the level of certainty or probability increases, resulting in a more precise estimate. However, if there is less certainty or probability, the width of the interval will increase, resulting in a less precise estimate. Therefore, both options A and B are true characteristics of confidence intervals.

Which of the Following Is a Characteristic of Confidence Intervals