Question: Consider the formula used for any confidence interval and the elements included in that formula. What happens to the confidence interval if you (a) increase
Consider the formula used for any confidence interval and the elements included in that formula. What happens to the confidence interval if you (a) increase the confidence level, (b) increase the sample size, or (c) increase the margin of error? Only consider one of these changes at a time. Explain your answer with words and by referencing the formula.Do you think the application problems help you to see how these relationships work with each other?
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