Incorrect. Margin of error is ME = \( z^{*} \frac{ \sigma }{ \sqrt{n} } \). Sample size affects margin of error as it is part of the formula; σ, the population standard deviation is also part of the formula. z* is determined by level of confidence so level of confidence affects margin of error. The value of the population, µ, is not part of the formula so it does NOT affect margin of error.
Correct. Margin of error is ME = \( z^{*} \frac{ \sigma }{ \sqrt{n} } \). Sample size affects margin of error as it is part of the formula; σ, the population standard deviation is also part of the formula. z* is determined by level of confidence so level of confidence affects margin of error. The value of the population, µ, is not part of the formula so it does NOT affect margin of error.
Incorrect. Try again.
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