Help me if you understand thanks sm
1 answer:
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Since Mr. Wilson has $3,000 and Ms. Nelson has 10 times more than that, we can set up a basic equation determining how much money Ms. Nelson has.
Ms. Nelson has $30,000 while Mr. Wilson has only $3,000.
Answer:
A. Wider and would have a smaller chance of missing the true mean.
Step-by-step explanation:
Margin of error for a confidence interval:
The margin of error for a confidence interval is given by:
In which z is related to the confidence level(the higher the confidence level, the higher the value of z), is the standard deviation of the population and n is the size of the sample.
95% confidence interval
Would be wider than the 90% confidence interval, due to the higher value of z.
Also, a x% confidence interval has a x% chance of having the true mean, and a (100-x)% probability of missing the true mean.
Then, a 95% confidence interval has a smaller(5%) chance of missing the true mean compared to the 90% confidence interval(10%). This means that the correct answer is given by option A.