Several factors are involved in the creation of a confidence interval. Among them are the sample size,

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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.

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Related Book For  answer-question

Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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