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Earn +20 ptsQ: How to reduce Margin of error?
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how to decrease margin of error in probability sampling?
With probability sampling you have no control over the units that are sampled. So the only way to reduce the margin of error is to increase the size of the sample.
How does Increasing the sample size while keeping the same confidence level has what effect on the margin of error?
The margin of error is reduced.
What is margin of error?
A margin of error refers to a small allowance for mistakes. Any errors or miscalculations in circumstances cannot exceed this tiny amount.
Is the margin of error always greater than or equal to the standard of error?
Yes
How can reduce the percentage error?
The larger the sample, the lower the % error.. so to reduce a % error, increase your sample size.
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