Question: We gathered 50 observations from a certain population and calculated a 95% confidence interval. If we had quadrupled the number of observations what would have

We gathered 50 observations from a certain population and calculated a 95% confidence
interval. If we had quadrupled the number of observations what would have been the
approximate effect on the width of our confidence interval?
(a) It would have been reduced by a factor of 8
(b) It would have been reduced by a factor of 4
(c) It would have been reduced by a factor of 2
(d) It would stay the same


Step by Step Solution

3.44 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To solve this problem we need to understand the relationship between the sample size and the width o... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!