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Suppose You Sampled 2,500 People for a Marketing Survey, but Your

Question 24

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Suppose you sampled 2,500 people for a marketing survey, but your boss thinks that you should have sampled more, say 4,000 people, because he says the results would have been much more accurate, even under the tight budget and time constraints on the company.Using statistics, how would you convince your boss to agree with you?

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For 4,000 people, the margin of error is...

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