Suppose that you have obtained data by taking a random sample from a population and that you intend to find a confidence interval for the populationmean, Which confidencelevel, 95 or99 , will result in the confidence interval giving a more accurate estimate of Choose the correct answer below A The99 confidence level will give a more accurate estimate of since the margin of error will be smaller for this confidence level B The95 confidence level will give a more accurate estimate of since the margin of error will be smaller for this confidence level C The99 confidence level will give a more accurate estimate of since the confidence level is higher D Both will have the same accuracy for the estimate of since only variations in sample sizes affect the accuracy for the estimate of , and in this case both confidence levels are being applied to the same sample

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Question: Suppose that you have obtained data by taking a random sample from a population and that you intend to find a confidence interval for the

Suppose that you have obtained data by taking a random sample from a population and that you intend to find a confidence interval for the populationmean, . Which confidencelevel, 95% or99%, will result in the confidence interval giving a more accurate estimate of ?

Choose the correct answer below.

The99% confidence level will give a more accurate estimate of since the margin of error will be smaller for this confidence level.

The95% confidence level will give a more accurate estimate of since the margin of error will be smaller for this confidence level.

The99% confidence level will give a more accurate estimate of since the confidence level is higher.

Both will have the same accuracy for the estimate of since only variations in sample sizes affect the accuracy for the estimate of , and in this case both confidence levels are being applied to the same sample.

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