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The question about parental net worth had data from n =146 respondents. What if we couldn't increase the sampling size, but instead we increased the
The question about parental net worth had data from n =146 respondents. What if we couldn't increase the sampling size, but instead we increased the number of bootstrap sample statistics from 1,000 to 5,000. Answer whether the following would increase, decrease, or stay about the same?
a. How would the SE change?
b. How would the width of the confidence interval change?
c. How would the center of the bootstrap distribution change?
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