document.write( "Question 596060: Should companies use the same confidence interval each time a confidence interval is determined or should the level change based on situations? If it changes based on situations, what type of situations might call for higher confidence levels?\r
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Algebra.Com's Answer #377477 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Should companies use the same confidence interval each time a confidence interval is determined or should the level change based on situations? If it changes based on situations, what type of situations might call for higher confidence levels? \n" ); document.write( "---- \n" ); document.write( "The more dangerous it would be to reject Ho, the more it \n" ); document.write( "is wise to increase the confidence level. \n" ); document.write( "------ \n" ); document.write( "Ho: if the mean of sales is not at least greater than or equal to \"x\" over the \n" ); document.write( "next six months, we will declare bankruptsy. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |