You and your colleague are designing a study to try to determine the ideal mean cost for discretionary service. You will market your service to a very large population. Your colleague thinks you will get the best data if you take lots of small samples. You think the data will be neat reliable if you take one or two very large samples.

Question

Quizplus · Accepted Answer

Taking one or two very large samples will yield more reliable results because it will decrease the sampling error and provide a better representation of the population. This is also more efficient and cost-effective than taking multiple small samples. However, it is important to ensure that the samples are selected randomly and are large enough to accurately represent the population.

You and Your Colleague Are Designing a Study to Try