Question: Now, find a 99% confidence interval for the same data. Would the margin of error be larger or smaller for the 99% CI? Explain your
Now, find a 99% confidence interval for the same data. Would the margin of error be larger or smaller for the 99% CI? Explain your reasoning.
(below are the answers from the spread sheet, the margin of error for 99% is 3.398326 witch is larger from the margin for 95%) how could I explain the reasonning?
Confidence Level 0.990 n 10 Mean 66.4000 StDev 3.3066 pop stdev no
SE 1.045639 t 3.250 Margin of Error 3.398326 Lower Limit 63.001674 Upper Limit 69.798326
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