Asked by Mitchell Balmas on Jun 26, 2024
Verified
A 90% confidence interval estimate for the population mean constructed with a small sample will have a margin of error that is approximately 
90% of the population size n.
Confidence Interval
A range of values, derived from the sample data, that is believed, with a certain degree of probability, to contain the true population parameter.
Margin Of Error
An estimate of the amount by which an observed sample result may differ from the true value, providing a confidence interval for the estimation.
- Ascertain the error margin for population mean estimations derived from sample data.
Verified Answer
SM
Sebastian MayerJun 26, 2024
Final Answer :
False
Explanation :
The margin of error for a confidence interval estimate depends on the sample size and standard deviation, not the population size. Therefore, the statement is false.
Learning Objectives
- Ascertain the error margin for population mean estimations derived from sample data.