Which of the following accurately describes the effect of increasing the sample size?
A)Increases the standard error and has no effect on the risk of a Type I error
B)Decreases the standard error and has no effect on the risk of a Type I error
C)Increases the risk of a Type I error and has no effect on the standard error
D)Decreases the risk of a Type I error and has no effect on the standard error

Question

Which of the following accurately describes the effect of increasing the sample size?​
A)​Increases the standard error and has no effect on the risk of a Type I error
B)​Decreases the standard error and has no effect on the risk of a Type I error
C)​Increases the risk of a Type I error and has no effect on the standard error
D)​Decreases the risk of a Type I error and has no effect on the standard error

Quizplus · Accepted Answer

Increasing the sample size decreases the standard error, as a larger sample size leads to a more precise estimate of the population parameter. The risk of a Type I error is not affected by the sample size. Therefore, choice B is the correct answer.

Which of the Following Accurately Describes the Effect of Increasing