To narrow the confidence interval for π, we can either increase n or decrease the level of confidence.

Question

Quizplus · Accepted Answer

This statement is true. The confidence interval for π is calculated based on the sample size and the level of confidence. To decrease the width of the confidence interval, we need to increase the sample size (n) or decrease the level of confidence. However, decreasing the level of confidence will also increase the likelihood of the interval not containing the true value of π.

To Narrow the Confidence Interval for π, We Can Either