Narrower confidence intervals are better than wider confidence intervals. One way to achieve a narrower confidence interval

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Narrower confidence intervals are better than wider confidence intervals. One way to achieve a narrower confidence interval is to use a smaller confidence level. So, why do statisticians not always use a confidence level of 70%?

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Introduction To Statistical Investigations

ISBN: 9781118172148

1st Edition

Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy

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Question Posted: Jun 20, 2018 03:57 AM

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Narrower confidence intervals are better than wider confidence intervals. One way to achieve a narrower confidence interval

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Introduction To Statistical Investigations

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