Reformed Offlian
Master Poster
C'mon, @bobdroege7 ! Even I know this one, and I'm a liberal arts major (albeit one that was briefly an Economics major who took some relevant intro courses once upon a time)!You can have an arbitrary confidence interval. But the ones used in this work are not arbitrary. They do have meaning. Just perhaps not the meaning you think, or the meaning that would enliven your claim. But you're getting closer.
You reported that Damon et al. used 95%. That's not completely true. They give dates using weighted and unweighted data values for confidence intervals of both 68% and 95% (p. 614, cf. Table 3). Why 68% specifically? Why not 60% or 75% or something like that? Where does the 68 come from? Where does the 95 come from? Why that number?
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