Briefly discuss the meaning of a 95% confidence interval and a 99% confidence interval and how they relate to research analysis. Please answer in one paragraph with complete sentences.

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Briefly discuss the meaning of a 95% confidence interval and a 99%
confidence interval and how they relate to research analysis. Please
answer in one paragraph with complete sentences. 

Expert Solution
Step 1: Introduction

A confidence interval is a range of values that quantifies the uncertainty or level of confidence associated with an estimate or statistic, typically used to express the likely range of values for a population parameter.

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