Explain what happens to the margin of error

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There are three things that influence the margin of error in a confidence interval estimate of a population mean: the sample's size, the variability of the population (expressed as its standard deviation), and the confidence level of the estimate. For each of these quantities, describe and explain what happens to the margin of error as that particular quantity increases.

Create a Powerpoint presentation with notes consisting of 12 slides maximum. In the PowerPoint report describe and explain what happens to the margin of error as that particular quantity increases for each quantity.

Reference no: EM132208675

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