What is the correct statement about the meanings of BIASEDNESS and EFFICIENCY in terms of the width of confidence interval. (A) A wider interval is LESS likely to be biased and LESS efficient. (B) A wider interval is LESS likely to be biased and MORE efficient. (C) A wider interval is MORE likely to be biased and LESS efficient. (D) A wider interval is MORE likely to be biased and MORE efficient.
What is the correct statement about the meanings of BIASEDNESS and EFFICIENCY in terms of the width of confidence interval. (A) A wider interval is LESS likely to be biased and LESS efficient. (B) A wider interval is LESS likely to be biased and MORE efficient. (C) A wider interval is MORE likely to be biased and LESS efficient. (D) A wider interval is MORE likely to be biased and MORE efficient.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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What is the correct statement about the meanings of BIASEDNESS and EFFICIENCY in terms of the width of confidence interval.
(A) A wider interval is LESS likely to be biased and LESS efficient.
(B) A wider interval is LESS likely to be biased and MORE efficient.
(C) A wider interval is MORE likely to be biased and LESS efficient.
(D) A wider interval is MORE likely to be biased and MORE efficient.
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