1. Math
  2. Statistics And Probability
  3. 17 if the confidence level for a confidence interval is...

Question: 17 if the confidence level for a confidence interval is...

Question details

17. If the confidence level for a confidence interval is 98%. then the error rate α is ______. a. 98% b. 2% c. 95% d. 5% 18. Suppose the sample mean is μ and the confidence interval for population mean is (μ-E, μ+E). E will be getting smaller if: (18.a) the sample size is getting ___________; a. smaller b. larger (18.b) the standard deviation of the data in the sample is __________; a. smaller b. larger (18.c) the allowed error rate α is ___________; a. smaller b. larger (18.d) the confidence level (1-α) is ___________. a. lower b. higher.

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution