Lowering the Confidence Level will have what effect on the Confidence Interval?Group of answer choicesConfidence Interval will be unchangedConfidence Interval will get smallerConfidence interval will be less likely to be wrongConfidence Interval will get larger
Question
Lowering the Confidence Level will have what effect on the Confidence Interval?Group of answer choicesConfidence Interval will be unchangedConfidence Interval will get smallerConfidence interval will be less likely to be wrongConfidence Interval will get larger
Solution
Lowering the Confidence Level will make the Confidence Interval get smaller. This is because the confidence level represents the degree of certainty we have that the true population parameter lies within the confidence interval. If we decrease the confidence level, we are accepting a higher probability that the true population parameter may not lie within the confidence interval, thus the interval gets smaller.
Similar Questions
What happens to confidence intervals when you increase the level of confidence (or equivalently decrease the level of significance)?Select all that applyGroup of answer choicesConfidence intervals get narrowerConfidence intervals get widerWe are more confident that the true population mean is inside the intervalsWe are less confident that the true population mean is inside the intervals
The width of a confidence interval increases as the level of significance increases.Group of answer choicesTrueFalse
Consider the situation described in the image above. The result of this is that their confidence interval will now be: Group of answer choices about 3 times wider pretty much unchanged about 1/9 as wide about 1/3 as wide about 9 times wider
Suppose you compute a 98% confidence interval. What will happen to the confidence interval if you decrease the confidence level to 96%?The confidence interval will widen.The confidence interval will narrow.The width of the confidence interval will stay the same
True or False: The more confident you want to be, the smaller your confidence interval will be.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.