A marketing assistant for a technology firm plans to randomly select 1000 customers to estimate the proportion who are satisfied with the firm's performance. Based on the results of the survey, the assistant will construct a 95% confidence interval for the proportion of all customers who are satisfied. The marketing manager, however, says that the firm can afford to survey only 250 customers. How will this decrease in sample size affect the margin of error and confidence interval? True Statements False Statements Answer Bank The margin of error will be about 4 times larger. The margin of error will be about 2 times larger. The confidence interval will be narrower. The margin of error will be about half as large. The margin of error will be about one-fourth as large. The confidence interval will be wider