The accuracy of a confidence interval calculation can be increased from 95% to 99%.
Thus, option C is correct.
A confidence interval contain a population parameter in a specified proportion of the time, which can be computed using the given confidence level from a limitless level of individual sample.
The proportion of the range consists of the true value of the factor that will be identical to the confidence level.
In most of the confidence interval examples, the confidence level chosen is 95%. and it can be raise up to 99%.
It cannot estimate the plausible values of the unknown parameter of the population.
Two types of confidence interval observed such as accuracy which is defined based on whether the confidence interval contains the true population parameter or not.
Secondly, the precision defined in terms of the width of a confidence interval.
Hence, option C is correct.
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