What happens to the width of a confidence interval as we increase confidence level, i.e as we increase the confidence from 90% to 95%? The width decreases The width increases The width is not affected by the confidence level The standard deviation increases

MATLAB: An Introduction with Applications
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What happens to the width of a confidence interval as we increase confidence level, i.e as we
increase the confidence from 90% to 95%?
The width decreases
The width increases
The width is not affected by the confidence level
The standard deviation increases
Transcribed Image Text:What happens to the width of a confidence interval as we increase confidence level, i.e as we increase the confidence from 90% to 95%? The width decreases The width increases The width is not affected by the confidence level The standard deviation increases
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