The margin of error is reduced.
It depends on whether it is the Type I Error or the Type II Error that is increased.
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if the confidence interval is 24.4 to 38.0 than the average is the exact middle: 31.2, and the margin of error is 6.8
All things being equal, a wider confidence interval (CI) implies a higher confidence. The higher confidence you want, the wider the CI gets. The lower confidence you want, the narrower the CI gets The point estimate will be the same, just the margin of error value changes based on the confidence you want. The formula for the CI is your point estimate +/- E or margin of error. The "E" formula contains a value for the confidence and the higher the confidence, the larger the value hence the wider the spread. In talking about the width of the CI, it is not correct to say more or less precise. You would state something like I am 95% confident that the CI contains the true value of the mean.
The magnitude of difference between the statistic (point estimate) and the parameter (true state of nature), . This is estimated using the critical statistic and the standard error.
It depends on whether it is the Type I Error or the Type II Error that is increased.
Generally speaking an x% confidence interval has a margin of error of (100-x)%.
The margin of error increases as the level of confidence increases because the larger the expected proportion of intervals that will contain the parameter, the larger the margin of error.
The width of the confidence interval willdecrease if you decrease the confidence level,increase if you decrease the sample sizeincrease if you decrease the margin of error.
The standard deviation is used in the numerator of the margin of error calculation. As the standard deviation increases, the margin of error increases; therefore the confidence interval width increases. So, the confidence interval gets wider.
No. The width of the confidence interval depends on the confidence level. The width of the confidence interval increases as the degree of confidence demanded from the statistical test increases.
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The margin of error is dependent on the confidence interval.I'll give you examples to understand it better.We know:Confidence Interval (CI) = x(bar) ± margin of error (MOE)MOE = (z confidence)(sigma sub x bar, aka standard error of mean)When CI = 95%, MOE = (1.96)(sigma sub x bar)When CI = 90%, MOE = (1.64)(sigma sub x bar)Naturally, the margin of error will decrease as confidence level decreases.
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A sample size is a group which is sampled in surveys, statistics, and in the scientific method. Increasing a sample size might decrease or increase the margin of error, depending on what was being measured. For instance, a sample of 100 women who were pregnant, might increase or decrease the the margin of error for women who showed morning sickness while pregnant.
The formula for margin of error is (Z*)*(Standard Deviation))/(sqrt(N)), so as N increases, the margin of error decreases. Here N went from 100 to 5000, so N has increased by 4900. This means the margin of error decreases. Since the confidence interval is the mean plus or minus the margin of error, a smaller margin of error means that the confidence interval is narrower.
The confidence interval radius determines the margin of error. If you want more information visit: http://en.wikipedia.org/wiki/Margin_of_error