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I need a paragraph for this statistics question- Due in 8 hours!
One can calculate the 95% confidence interval for the mean with the population standard deviation known. This will give us an upper and a lower confidence limit. What happens if we decide to calculate the 99% confidence interval? Describe how the increase in the confidence level has changed the width of the confidence interval. Do the same for the confidence interval set at 80%. Include an example with actual numerical values for the intervals in your post to help with your explanations.
Please write 6 sentences (2 paragraphs). This is due in 8 hours.