Answer: If the level of confidence is increased without changing the sample size then<em> </em><u><em>The margin of error will decrease because the critical value will decrease. The decreased margin of error will cause the confidence interval to be narrower.</em></u>
where;
<em>Margin of error = Critical value × Standard deviation</em>
<em>Here, it can be duly noted that Margin of error has a positive relation with critical value, i.e </em><u><em>The margin of error will decrease because the critical value will decrease.</em></u>
<u><em>whereas;</em></u>
The confidence interval is <em>the value ± the margin of error.</em>
<em>Therefore, </em><u><em>the decreased margin of error will cause the confidence interval to be narrower.</em></u>
A=P×(0.8)
A is the price after the markdown
P is the original price
0.8 is the multiplier because 1-(80/100)=0.8
80/100 is the same as 80%, which is the remaining value when 20% of the value of the item is deducted.
Answer: 5.83 miles
Step-by-step explanation:
