The larger the sample size (N),the
A)smaller the parameter.
B)greater the efficiency.
C)lower the bias.
D)larger the standard error of the mean.

Question

Quizplus · Accepted Answer

As the sample size increases, the estimation of the population parameter becomes more precise and efficient, leading to a smaller standard error of the mean. Therefore, option B is the best choice. Option A is incorrect because a larger sample size does not necessarily mean a smaller parameter, but rather a more accurate estimation of the parameter. Option C is incorrect because bias depends on the sampling method and not the sample size. Option D is incorrect because the standard error of the mean decreases as the sample size increases.

The Larger the Sample Size (N),the