Why are large (i.e., efficient) random samples often desirable when attempting to estimate a population value?
A) Very efficient samples allow us to know the population standard deviation (ó).
B) Very efficient samples increase the confidence interval.
C) Greater efficiency reduces sample bias.
D) Greater efficiency reduces the standard error of the mean ( ).

Question

Why are large (i.e., efficient) random samples often desirable when attempting to estimate a population value?
A) Very efficient samples allow us to know the population standard deviation (ó). 
B) Very efficient samples increase the confidence interval. 
C) Greater efficiency reduces sample bias. 
D) Greater efficiency reduces the standard error of the mean ( ).

Quizplus · Accepted Answer

The Answer of Why are large (i.e., efficient) random samples often desirable when attempting to estimate a population value?
A) Very efficient samples allow us to know the population standard deviation (ó). 
B) Very efficient samples increase the confidence interval. 
C) Greater efficiency reduces sample bias. 
D) Greater efficiency reduces the standard error of the mean ( ).

Why Are Large (I