Researchers are concerned with sample size because a significant cost savings occurs when the correct sample size is calculated and used.

Question

Quizplus · Accepted Answer

Researchers want to ensure that the sample size is neither too small nor too large, as this can impact the accuracy of their results. By calculating and using the correct sample size, researchers can save costs associated with data collection, analysis, and interpretation. Therefore, the statement is true.

Researchers Are Concerned with Sample Size Because a Significant Cost