For the following,X(bar) = 150,s= 15,N= 550, 90 % confidence interval is 150 ± 1.0562, 95 % confidence interval is 150 ± 1.2547,the 99 % confidence interval is 150 ± 1.652, and 99.9 % confidence interval is 150 ± 2.1254.
What happens to the interval width as confidence level increases? Why?
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