As the Standard Deviation (σ)Decreases,the Width of the Confidence Interval

question 36

Multiple Choice

As the standard deviation (σ) decreases,the width of the confidence interval _______________.

• A)Stays the same
• B)Decreases
• C)Increases

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Definitions:

Political Philosophy

A branch of philosophy that examines the nature of politics, government, and society, and analyzes concepts like justice, rights, and the role of the state.

Schools of Thought

Various philosophies or approaches in a discipline that propose distinct methodologies or interpretive frameworks.

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The total amount of money earned or received by an individual or entity within a year.

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The way in which a country's total economy's income is spread among its population.