What does an increase in sample size do?

Ethan Hall | 2023-06-17 10:28:57 | page views:1625
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Alexander Wilson

Works at Microsoft, Lives in Redmond, WA
As a sample size increases, sample variance (variation between observations) increases but the variance of the sample mean (standard error) decreases and hence precision increases.Aug 22, 2017
2023-06-21 10:28:57

Lucas Ross

QuesHub.com delivers expert answers and knowledge to you.
As a sample size increases, sample variance (variation between observations) increases but the variance of the sample mean (standard error) decreases and hence precision increases.Aug 22, 2017
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