Explain what happens to the size of the confidence interval when (a) The standard deviation increases. (b)
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Explain what happens to the size of the confidence interval when
(a) The standard deviation increases.
(b) The standard deviation decreases.
(c) The probability content (1 - α) increases from 95 % to 99 %.
(d) The sample size increases from 100 to 1,000.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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