The Excel template for proportion data provides an option if changing the level of confidence of the
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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 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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