For Exercises 7.1 and 7.2, see page 360; for 7.3 and 7.4, see page 362; for 7.5 to 7.7, see page 365; for 7.8 and 7.9, see page 368; for 7.10 and 7.11, see page 371; and for 7.12 and 7.13, see page 372.

Question 7.4

7.4 90% versus 95% confidence interval.

If you chose 90%, rather than 95%, confidence in the previous exercise, would your margin of error be larger or smaller? Explain your answer.