Select one answer. A researcher took a random sample of 100 students from a large university.
She computed a 95% confidence interval to estimate the average weight of the 5 points
students at this university. The confidence interval was too wide to provide a
precise estimate.
True or false? The researcher could produce a narrower confidence interval by increasing the
confidence level to 99%.
A. True
B. False

because its not ur topic and its not for is for homework not that.

explanation:

the loan estimate encourages consumers to shop. since it is the lenders who are required to issue a standardized loan estimate in a specific time frame, this way consumers are provided an opportunity to compare lenders and their products. otherwise consumer wouldn't know the benefits offered by other lenders.  

if a loan originator does not provide a loan estimate within 3 business days of receiving a completed loan application, that lender is in violation. lenders are required to issue a loan estimate within 3 days of applying for a loan or within 7 days prior to closing. having a loan estimate has following information.

not having loan estimate won't give you an idea of money to be borrowed.

you get to know your interest rates.

you also get to know if your interest rate can or may vary.

not having a good faith estimate can keep you unaware of aforementioned points.