Take a bigger sample. A management student is planning a project on student attitudes toward part-time work while attending college. She develops a questionnaire and plans to ask 25 randomly selected students to fill it out. Her faculty adviser approves the questionnaire but suggests that the sample size be increased to at least 100 students. Why is the larger sample helpful? Back up your statement by using the quick method to estimate the margin of error for samples of size 25 and for samples of size 100.
Exercise 3.16
Give the margin of error, as a percent, for a sample of size 25:
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%
Give the margin of error, as a percent, for a sample of size 100:
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%