1. Suppose you have a confidence interval with a point estimate of 2.5 and a margin of error of 0.06. Now suppose the margin of error increases to 0.15. What happens to the interval and the accuracy of our estimate? A. The interval decreases and the accuracy of our estimate decreases. B. The interval decreases and the accuracy of our estimate increases. C. The interval increases and the accuracy of our estimate decreases. D. The interval increases and the accuracy of our estimate increases.

MATLAB: An Introduction with Applications
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1. Suppose you have a confidence interval with a point estimate of 2.5 and a margin of error
of 0.06. Now suppose the margin of error increases to 0.15. What happens to the interval
and the accuracy of our estimate?
A. The interval decreases and the accuracy of our estimate decreases.
B. The interval decreases and the accuracy of our estimate increases.
C. The interval inereases and the accuracy of our estimate decreases.
D. The interval increases and the accuracy of our estimate increases.
Transcribed Image Text:1. Suppose you have a confidence interval with a point estimate of 2.5 and a margin of error of 0.06. Now suppose the margin of error increases to 0.15. What happens to the interval and the accuracy of our estimate? A. The interval decreases and the accuracy of our estimate decreases. B. The interval decreases and the accuracy of our estimate increases. C. The interval inereases and the accuracy of our estimate decreases. D. The interval increases and the accuracy of our estimate increases.
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