By inflating the standard deviation,it is possible to increase the sample size and thus the project revenue for the research firm.

Name: By inflating the standard deviation,it is possible to increase the sample size and thus the project revenue for the research firm.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Increasing the standard deviation increases the spread of the data, which can lead to a larger sample size needed to achieve a certain level of significance. A larger sample size can result in higher project revenue for the research firm.

By Inflating the Standard Deviation,it Is Possible to Increase the Sample