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If we change a 95% confidence interval estimate to a 99% confidence interval estimate, we can expect
Liability
A legal responsibility or obligation, often involving financial compensation for damage or harm caused.
Prudently
Acting with or showing care and thought for the future, typically in the management of resources or decision-making processes.
Repair Costs
Expenses incurred to fix or restore damaged or worn-out goods or property to their original condition.
Legal Action
A process by which a court of law is engaged to pursue a legal remedy, often involving litigation.
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