Angela is trying to figure out the sample size for the data set she wants to collect. She is considering using a 90% or a 99% confidence level. Explain to Angela the impact the different levels will have on her sample size.
Angela is trying to figure out the sample size for the data set she wants to collect. She is considering using a 90% or a 99% confidence level. Explain to Angela the impact the different levels will have on her sample size.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Angela is trying to figure out the
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The larger the sample size, the less will be the value of standard error. Therefore, the range of confidence interval is small.
The smaller the sample size, the greater will be the value of standard error. Therefore, the range of confidence interval is large.
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