Question: When a 95% confidence interval is calculated instead of a 90% confidence interval with the same sample, the maximum error of estimate will be _____ .
A ) either smaller or larger depending on sample size B ) the same C ) smaller D ) larger
Steps to derive
1 When the confidence level is increased, the possibility of error is more.
2 So, the maximum error of estimate in a 95% confidence interval will be larger than that in a 90% confidence interval.