Increasing the sample size will reduce the margin of error for a given confidence level.

Name: Increasing the sample size will reduce the margin of error for a given confidence level.
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Question

Quizplus · Accepted Answer

Increasing the sample size decreases the standard error, which in turn reduces the margin of error, assuming the confidence level remains constant. This leads to more precise estimates of the population parameter.

Increasing the Sample Size Will Reduce the Margin of Error