Which of the following statements about the margin of error (ME) for convenience interval is NOT TRUE? A. The ME can be determined of you know the confidence interval, standard deviation, and sample size B. The ME is the maximum likely diffeence between point estimate of a parameter and the actual value of the parameter. C. The ME is equal to half the length of the confidence interval D. The ME is also called the marimum error of the estimate E. As the sample size increases, the ME increaases with other factors being the same

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
icon
Related questions
Question

Which of the following statements about the margin of error (ME) for convenience interval is NOT TRUE?

A. The ME can be determined of you know the confidence interval, standard deviation, and sample size

B. The ME is the maximum likely diffeence between point estimate of a parameter and the actual value of the parameter.

C. The ME is equal to half the length of the confidence interval

D. The ME is also called the marimum error of the estimate

E. As the sample size increases, the ME increaases with other factors being the same

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt