Determining the confidence intervals

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Reference no: EM13823128

"Confidence Intervals"

The vast majority of the world uses a 95% confidence in building confidence intervals. Give your opinion on why 95% confidence is so commonplace. Justify your response.

Can you answer the follow up question for me that was asked from your response? Why 95%, not 90% or any other %?

Reference no: EM13823128

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