A 95% confidence interval for a population mean is determined to be 100 to 120 . For the same data, if the confidence coefficient is reduced to .90, the confidence interval for ?

a. becomes narrower.
b. becomes wider.
c. does not change.
d. becomes 100.1 to 120.1.


a

Business

You might also like to view...

Installation of an air-conditioning system is considered an addition

Indicate whether the statement is true or false

Business

All the following are common exclusions in a medical expense insurance policy EXCEPT

A) dental care. B) surgeons' fees. C) long-term care. D) routine eye care.

Business

Short-term, self-liquidating loans are intended to ________

A) provide one-time loan to the borrower who needs funds for a specific purpose B) cover seasonal peaks in financing caused by inventory and receivable buildups C) provide maximum amount to the firm that it can owe to the bank D) recapitalize the firm

Business

Even though debt sometimes comes with zero percent interest, it is still debt because by definition the money is still what?

A) Expensed B) Credit C) Owed D) Net worth E) Income

Business