Suppose that Savneet is considering increasing her recent random sample from 20 car rentals to 40...
Suppose that Savneet is considering increasing her recent random sample from 20 car rentals to 40 car rentals. Without doing any calculations, explain what will happen to the standard deviation of the resulting sampling distribution. Explain why this is the case. (3 marks)
Homework Answers
Increasing the sample size will increase the denominator in the calculation of standard deviation.
Hence, this will decrease the standard deviation.
The standard deviation will decrease.
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