Mathematics · Statistics and Probability
The number of observations required in an operation to produce results having a specified accuracy:
- 1Increases with the range of observed values, namely the difference between the maximum and minimum values
- 2Increases with the possible magnitude of the average expected value
- 3Varies directly with the square of the confidence interval
- 4Varies inversely with the square of the confidence interval✓
Correct answer
Varies inversely with the square of the confidence interval
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