The higher the confidence level is, the more precise the confidence interval is * True O False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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The higher the confidence level is,
2 points
the more precise the confidence
interval is
True
False
Transcribed Image Text:The higher the confidence level is, 2 points the more precise the confidence interval is True False
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