Asked by
Quailia Flegler
on Oct 12, 2024Verified
After conducting a survey,a researcher wishes to cut the standard error (and thus the margin of error) to 13\frac { 1 } { 3 }31 of its original value.How will the necessary sample size change?
A) It will increase by a factor of 3.
B) It will decrease by a factor of 3.
C) It will increase by a factor of 9.
D) It will decrease by a factor of 9.
E) Not enough information is given.
Standard Error
A statistical measure that describes the distribution of sampling means around the population mean, indicating the precision of the sample mean estimate.
Sample Size
The number of observations or data points collected in a statistical study.
- Apply the concept of standard error in the context of margin of error and confidence interval calculations.
- Evaluate the impact of changes in sample size on the margin of error and vice versa.
Verified Answer
DP
Learning Objectives
- Apply the concept of standard error in the context of margin of error and confidence interval calculations.
- Evaluate the impact of changes in sample size on the margin of error and vice versa.