Why Wouldn't a Researcher Set the Confidence Level at

question 4

Essay

Why wouldn't a researcher set the confidence level at .0001,since it's better than .05 and even better than .01?

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Definitions:

Demand Deposit

Bank accounts that allow the holder to withdraw funds without prior notice, such as a checking account.

Marketable Securities

Financial instruments that can easily be sold or converted into cash at a value close to their market rate.

Precautionary Demand

Precautionary demand refers to the desire to hold cash or easily liquidatable assets to safeguard against unexpected financial needs or market fluctuations.

Unexpected Opportunities

Situations or prospects that arise unexpectedly, offering potential benefits or advantages not initially planned for.