CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Increasing the confidence level while keeping other values constant has what effect on the width of the confidence interval?
A. There is not enough information to determine the effect.
B. The error of estimate increases; therefore, the width of the interval increases.
C. The error of estimate decreases; therefore, the width of the interval decreases.

User Contributed Comments 2

User Comment
janis36 What exactly is 'the confidence level'? Can someone explain?
will080912 alpha (5%)= level of significant
95%= confidence level
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