Q.10
Question
It's about ME Explain how each of the following would affect the margin of error of a confidence interval, if all other things remained the same.
(a) Increasing the confidence level
(b) Quadrupling the sample size
Step-by-Step Solution
Verified(a) It increases the margin of error.
(b) It would reduce the margin of error.
We have to explain how Increasing the confidence level would affect the margin of error of a confidence interval, if all other things remained the same.
The margin of error is directly related to the margin of error. The increase in the confidence level leads an increase in margin of error and vice versa. So, the increase in the confidence level would lead increase in the margin of error.
We have to explain how Quadrupling the sample size would affect the margin of error of a confidence interval, if all other things remained the same.
The margin of error is inversely related to the margin of error. The increase in the size of the sample leads the reduction in margin of error and vice versa. So, the increase in the sample size would lead reduction in the margin of error.