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Freddie completes a survey that uses a confidence interval approach. He is asked to construct 80% confidence intervals. Of the 100 questions on the survey,

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Freddie completes a survey that uses a confidence interval approach. He is asked to construct 80% confidence intervals. Of the 100 questions on the survey, Freddie's intervals include the true answer 86 times. We conclude that Freddie is underconfident. rational. overconfident. subject to sentiment

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