Sanchez-Meca and Marin- Martinez (2008) noted in their article that using the t distribution produces CIs that

Question:

Sanchez-Meca and Marin- Martinez (2008) noted in their article that "using the t distribution produces CIs that are wider then those of the standard normal distribution" (p. 34). Explain why this statement is true.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...