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Consider the formula used for any confidence interval and the elements included in that formula.
A) What happens to the confidence interval if you
1. (a) increase the confidence level,
2. (b) increase the sample size, or
3. (c) increase the margin of error?
Only consider one of these changes at a time. Explain your answer with words and by referencing
B) What usages of confidence intervals have you seen in the
8. quantum physics
9. road construction
10. contract submission
11. any type of projection of future possibilities (manufacturing, auto sales, price of fuel, ...)
12. (your topic goes here)...
C) Where did you use a confidence interval today? (Often, the statement begins with &quot;I believe
(though that can be unstated, and we just begin with
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Oct 07, 2020EXPERT
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