FORESTRY
AGRICULTURAL STATISTICS AND ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What can you do to reduce the margin of error?
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increase the confidence level
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decrease the confidence level
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increase sample size
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decrease sample size
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Explanation:
Detailed explanation-1: -Increase the sample size. Often, the most practical way to decrease the margin of error is to increase the sample size. Reduce variability. The less that your data varies, the more precisely you can estimate a population parameter. Use a one-sided confidence interval. Lower the confidence level.
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