Which set of characteristics will produce the smallest value for the estimated standard error? a. A small sample size and a small sample variance b. A large sample size and a small sample variance c. A large sample size and a large sample variance d. A small sample size and a large sample variance

Which set of characteristics will produce the smallest value for the estimated standard error? a. A small sample size and a small sample variance b. A large sample size and a small sample variance c. A large sample size and a large sample variance d. A small sample size and a large sample variance

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

Which set of characteristics will produce the smallest value for the estimated standard error?

	a.	A small sample size and a small sample variance
	b.	A large sample size and a small sample variance
	c.	A large sample size and a large sample variance
	d.	A small sample size and a large sample variance

Definition Definition Number of subjects or observations included in a study. A large sample size typically provides more reliable results and better representation of the population. As sample size and width of confidence interval are inversely related, if the sample size is increased, the width of the confidence interval decreases.

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