Question

Why do you think larger sample sizes usually lead to better estimates?

Answer 1

Answer:

Explanation:

Because we have more data and therefore more information, our estimate is more precise. As our sample size increases, the confidence in our estimate increases, our uncertainty decreases and we have greater precision.

Answer 2

Answer:

Because we have more data and therefore more information, our estimate is more precise. As our sample size increases, the confidence in our estimate increases, our uncertainty decreases and we have greater precision.

Explanation:

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