As variability increases,accurate estimation decreases and the required sample size increases.

Name: As variability increases,accurate estimation decreases and the required sample size increases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. As the variability increases, the data points are more spread out and therefore, it becomes harder to accurately estimate the true population parameter. This leads to a decrease in accuracy and an increase in the required sample size to achieve a desired level of precision.

As Variability Increases,accurate Estimation Decreases and the Required Sample Size