Suppose that you will be taking a random sample from a population and that you intend to find a 95%confidence interval for the population mean μ. Which sample size, 25or30 , will result in the confidence interval giving a more accurate estimate of μ?

Short Answer

Expert verified

Sample size of50will result in the confidence interval giving a more accurate estimate ofμ.

Step by step solution

01

Given Information

Given confidence level is 95%for a sample taken randomly from population. Two sample size of25and50are given.

02

Explanation

We know that sample size is increased and confidence level is constant, in results in decrease in margin of error. Hence, accuracy of confidence level estimation is increased.

Therefore as per the given data, sample size of 50will result in the confidence interval giving a more accurate estimate of μwhen compared to that of sample size50.

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