a. Explain what precision and confidence are and how they would influence sample size. b. Discuss what

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a. Explain what precision and confidence are and how they would influence sample size.
b. Discuss what is meant by the statement: There is a trade off between precision and confidence under certain conditions.

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Research Methods for Business A Skill Building Approach

ISBN: 978-1119942252

6th edition

Authors: Uma Sekaran, Roger Bougie

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Question Posted: Jul 14, 2015 12:53 AM

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a. Explain what precision and confidence are and how they would influence sample size. b. Discuss what

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a Precision indicates how close the sample statistics are to the population parameters Usually a big...View the full answer

Research Methods for Business A Skill Building Approach

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