Newsweek once wrote [15] that the width of a confidence interval is inversely related to the sample
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Newsweek once wrote [15] that the width of a confidence interval is inversely related to the sample size; for example, if a sample of 500 gives a confidence interval of plus or minus 5, then a sample of 2,500 would give a confidence interval of plus or minus 1. Explain the error in this argument.
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Related Book For
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith
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