Several factors are involved in the creation of a confidence
Several factors are involved in the creation of a confidence interval. Among them are the sample size, the level of confidence, and the margin of error. Which statements are true?
a) For a given sample size, reducing the margin of error will mean lower confidence.
b) For a certain confidence level, you can get a smaller margin of error by selecting a bigger sample.
c) For a fixed margin of error, smaller samples will mean lower confidence.
d) For a given confidence level, a sample 9 times as large will make a margin of error one third as big.
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help