Question: The Excel template for proportion data provides an option if changing the level of confidence of the confidence interval (CI) for the true likelihood. Your
The Excel template for proportion data provides an option if changing the level of confidence of the confidence interval (CI) for the true likelihood. Your boss asks you to provide a more accurate analysis by increasing the confidence level to 99% from 95%. What are the implications of using a 99% CI versus a 95% CI? Explain in a few words.
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