Question: Please help to answer these two questions regarding Business Statistics. a. Deciding on the number of observations to include in a sample is an important

Please help to answer these two questions regarding Business Statistics.

a. Deciding on the number of observations to include in a sample is an important decision when planning a research study. What information is required to make this decision?

b. When deciding on the number of observations to include in a sample, what would favor

larger sample sizes?

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