Explain the trade-off between confidence and precision as it relates to confidence intervals. Include in your discussion

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answerhappygod
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Explain the trade-off between confidence and precision as it relates to confidence intervals. Include in your discussion

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Explain the trade-off between confidence and precision as it
relates to confidence
intervals. Include in your discussion an explanation of what
happens to interval width
as confidence increases.
you wanted to set up a 95% confidence interval with a margin
of
error of 0.50, what minimum sample size would be needed?
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