The range of your estimate of the population mean or percentage depends largely on the sample size and the variability found in the sample.

Question

Quizplus · Accepted Answer

The range of an estimate of population parameters such as the mean or percentage is determined by the sample size and the variability found in the sample. A larger sample size and lower variability result in a narrower range, while a smaller sample size and higher variability lead to a wider range of estimates. Therefore, the statement is true.

The Range of Your Estimate of the Population Mean or Percentage