QUESTION IMAGE
Question
suppose you compute a 97% confidence interval. what will happen to the confidence interval if you decrease the confidence level to 92%?
the confidence interval will widen.
the confidence interval will narrow.
the width of the confidence interval will stay the same.
next question
The width of a confidence interval is directly related to the confidence level. A higher confidence level requires a wider interval to be more certain of capturing the true population parameter. When we decrease the confidence level from 97% to 92%, we are willing to be less certain. So, we can have a narrower interval.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
The confidence interval will narrow.