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Suppose that a friend of yours says that they were reading about confidence intervals and ask you the following questions: Part 1 When they encountered

Suppose that a friend of yours says that they were reading about confidence intervals and ask you the following questions:

Part 1

When they encountered the symbolsand. "What's the difference between what these symbols represent, and what does that have to do with confidence intervals?" (make sure you answer both parts of the question).

Part 2

Why do we not usually use 99.99% confidence level when constructing a confidence interval?

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