In the context of the factors that play an important role in determining sample sizes with probability designs, _____ is the acceptable amount of error in a sample estimate.
A) variance
B) validity
C) precision
D) incidence rate
E) reliability

Question

Quizplus · Accepted Answer

Precision refers to the amount of error that is acceptable in a sample estimate. It is the accuracy that is required in the estimate of a population parameter. The precision level is generally determined by the researcher based on the study objectives and available resources.

In the Context of the Factors That Play an Important