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Earn +20 ptsQ: What are the 10 Planks of Confidence?
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Continue Learning about Statistics
What is difference between confidence and over confidence?
Confidence is a river; easy to swim. But over confidence is a ocean; difficult to stay.
What happens to the confidence interval if you increase the confidence level?
The confidence interval becomes wider.
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.
What is confidence associated with an interval estimate is called the?
confidence level
What is confidence trickery?
An attempt to defraud a person or group by gaining their confidence
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