Question

Select the two recommendations that would decrease the margin of error of the interval.

Answer 1

From the options given, the only option which would result on having a reduced error margin, is to increase the sample size.

Recall :

Margin of Error = Zcritical × σ/√n

• Increasing the mean would have no impact on the margin of error as it is not a part of the factors which affects the margin of error value.

• Increasing the standard deviation, which is the Numerator will result in an increased margin of error value.

• By raising the confidence level, the critical value of Z will increase, hence widening the margin of error.

• The sample size, n being the denominator, would reduce the value of error margin.

Hence, only the sample size will cause a decrease in the margin of error of the interval.

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