A sample is taken from a population of 10,000 to estimate the mean value of a quantity of interest for that population.Question 18Assuming all those sampled produce a response, which one of the following is NOT a valid statement?The larger the sample size the more accurate will be the estimate of the population mean valueFor any given sample size, if the population had been 20,000 rather than 10,000 the accuracy of the estimate of the mean value would have been significantly lower.The greater the variance of the quantity of interest in the population, the less accurate will be the estimate of the population mean valueThe width of any confidence interval for the estimate of the population mean will be halved if the sample size is quadrupled
Question
A sample is taken from a population of 10,000 to estimate the mean value of a quantity of interest for that population.Question 18Assuming all those sampled produce a response, which one of the following is NOT a valid statement?The larger the sample size the more accurate will be the estimate of the population mean valueFor any given sample size, if the population had been 20,000 rather than 10,000 the accuracy of the estimate of the mean value would have been significantly lower.The greater the variance of the quantity of interest in the population, the less accurate will be the estimate of the population mean valueThe width of any confidence interval for the estimate of the population mean will be halved if the sample size is quadrupled
Solution
The statement that is NOT valid is: "For any given sample size, if the population had been 20,000 rather than 10,000 the accuracy of the estimate of the mean value would have been significantly lower."
The size of the population does not affect the accuracy of the sample mean as an estimate of the population mean, as long as the sample size remains the same. The accuracy of the estimate is determined by the sample size and the variability within the population, not the overall size of the population.
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