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If you have a 99 confidence interval what would your confidence level and alpha for it be?
Confidence level 99%, and alpha = 1%.
What would happen to the width of the confidence interval if the level of confidence is lowered from 95 percent to 90 percent?
decrease
What is the confidence interval for 85 percent?
it would be with a level of significance of 0.15.
What happens to the width of the confidence interval if you decrease the confidence level?
The width reduces.
What is the relationship between levels of confidence and statistical significance?
The connotation 'statistical significance' takes into account the number of samples as well level of confidence in making a conclusion based on these samples. The level of confidence is typically denoted as 1-alpha (1 minus alpha), where alpha is basically the chance that the reported conclusion will incorrect. The most popular level of confidence is 95%, which coincides with a 5% alpha, meaning that when one makes a conclusion based on a particular sample, there is a 5% chance of a false or incorrect conclusion.
If you have a 99 confidence interval what would your confidence level and alpha for it be?
Confidence level 99%, and alpha = 1%.
What would happen to the width of the confidence interval if the level of confidence is lowered from 95 percent to 90 percent?
decrease
What is the confidence interval for 85 percent?
it would be with a level of significance of 0.15.
What happens to the confidence interval if you increase the confidence level?
The confidence interval becomes wider.
What is confidence associated with an interval estimate is called the?
confidence level
What is the most controllable method of increasing the precision of or narrowing the confidence interval?
Confidence intervals represent an interval that is likely, at some confidence level, to contain the true population parameter of interest. Confidence interval is always qualified by a particular confidence level, expressed as a percentage. The end points of the confidence interval can also be referred to as confidence limits.
The width of a confidence interval is equal to twice the value of the margin of error?
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.
What is meant by a 95 percent confidence interval?
Confidence IntervalsConfidence interval (CI) is a parameter with a degree of confidence. Thus, 95 % CI means parameter with 95 % of confidence level. The most commonly used is 95 % confidence interval.Confidence intervals for means and proportions are calculated as follows:point estimate ± margin of error.
True or False The higher the confidence level the narrower the confidence interval?
True.
What happens to the width of the confidence interval if you decrease the confidence level?
The width reduces.
What happens to interval when level of confidence is increased?
it increases
What is the critical z value that corresponds to a confidence level of 92 percent?
It depends on whether the interval is one sided or two sided. The critical value for a 2-sided interval is 1.75
