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? 
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The more dangerous it would be to reject Ho, the more it
is wise to increase the confidence level.
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Ho: if the mean of sales is not at least greater than or equal to "x" over the
next six months, we will declare bankruptsy.
Cheers,
Stan H.