Question: Discuss the implication onthe accuracy of a confidence interval, E, as the confidence level decreases or increases. That is, what is the relationship between the
Discuss the implication onthe accuracy of a confidence interval, E, as the confidence level decreases or increases. That is, what is the relationship between the confidence level and the confidence interval? For example, as the confidence level goes from say 99% to 90% (or vise-a-versa), what happens to the accuracy of the confidence interval? Feel free to add a diagram(s) to support your answer.
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