Question 5 (1 point) Consider the video, \'Understanding Confidence Intervals. T

Question

Question 5 (1 point) Consider the video, 'Understanding Confidence Intervals. The video claims there are two things that affect the size of a contideno interval, the variation within the population of interest, and the size of the sample.These are both correct, but there is a third thing, which is the confidence level of the interval (mentioned briefty later in the video). How does the confidence level affect the size of the interval A Larger confidence tevel means a larger interval A larger confidence level means a smaller interval O The confidence level doesn't really change the size of the interval much

Explanation / Answer

As we increase the confidence level, we have to create a larger interval to get the parameter value with greater accuracy within the interval. Hence,

A larger confidence level means a larger interval.

Option A is correct,

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