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The confidence interval width decreases as which of the following increases?
Utilitarianism
A philosophical theory focusing on outcomes and consequences, suggesting the best action is the one that maximizes utility, usually defined as maximizing happiness and reducing suffering.
Behaviorism
A psychological approach that emphasizes the study of observable behaviors and the external stimuli that lead to them, discounting the importance of internal mental states.
Opportunity Costs
The loss of potential gain from other alternatives when one alternative is chosen.
Scarcity
A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
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