we have a 95% confidence interval for some parameter. If we were to increase the confidence , say to 99%, what would happen to our interval? That is, what will be the comparison of the interval to the 95% interval (based on the same data). Both interval will be the same width 9% interval will be wider 9% interval will be narrower

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Say we have a 95% confidence interval for some parameter. If we were to increase the confidence
level, say to 99%, what would happen to our interval? That is, what will be the comparison of the
99% interval to the 95% interval (based on the same data).
Both interval will be the same width
99% interval will be wider
99% interval will be narrower
Transcribed Image Text:Say we have a 95% confidence interval for some parameter. If we were to increase the confidence level, say to 99%, what would happen to our interval? That is, what will be the comparison of the 99% interval to the 95% interval (based on the same data). Both interval will be the same width 99% interval will be wider 99% interval will be narrower
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