Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose you determine the margin of error for a confidence interval based on a sample where the sample size is n=50, and arrive at a
Suppose you determine the margin of error for a confidence interval based on a sample where the sample size is n=50, and arrive at a ME=5%. You then refer back to your notes and discover that you made a careless mistake, the sample size should have been n=500. Will your margin of error increase, decrease, or stay the same? (You do not need to calculate the ME.)
- Your margin of error will increase.
- Your margin of error will decrease.
- Your margin of error will stay the same.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started