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Question
- all else equal, an increase in sample size will cause a(n) increase/decrease (circle one) in the width of the confidence interval.
Step1: <Formula for confidence interval width>
The width of a confidence interval for a population mean (when population standard deviation \(\sigma\) is known) is \(2\times z_{\alpha/2}\times\frac{\sigma}{\sqrt{n}}\), where \(z_{\alpha/2}\) is the critical value, \(\sigma\) is the population standard deviation and \(n\) is the sample size.
Step2: <Effect of \(n\) on width>
As \(n\) increases, the value of \(\frac{\sigma}{\sqrt{n}}\) decreases. Since the width is proportional to \(\frac{\sigma}{\sqrt{n}}\) (because \(z_{\alpha/2}\) and \(\sigma\) are constant when "all else equal"), the width of the confidence interval decreases.
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