Problem 3E

As the confidence level goes up, the reliability goes___________and the precision goes___________.Options: up, down.

Solution

Step 1 of 1

Confidence level is the portion of the sample in which the confidence interval will be having the true value

Hence the confidence level goes up, the reliability goes up

The width of the confidence interval will increase by increasing the reliability

Hence the confidence level goes up, the precision goes down.