Increases in sample size reduce sampling error at a decreasing rate.

Name: Increases in sample size reduce sampling error at a decreasing rate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

As the sample size increases, the sampling error generally decreases. However, after a certain point, increasing the sample size yields smaller and smaller reductions in sampling error. This means that while increasing the sample size still reduces sampling error, the rate at which it does so decreases.

Increases in Sample Size Reduce Sampling Error at a Decreasing