As the Number of Replicates in a Simulation Increases the Width

question 79

Multiple Choice

As the number of replicates in a simulation increases the width of a confidence interval computed from the simulation results will

• A) decrease.
• B) increase.
• C) remain the same.
• D) change depends on standard deviation.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, showing how much each value differs from the mean.

Normal Distribution

A bell-shaped curve which describes the spread of a characteristic throughout a population, where most occurrences take place around the central peak and probabilities for values taper off equally towards both tails.

Symmetry

Symmetry in statistics refers to a situation where the two halves of a distribution mirror each other across a central point.

Modality

Refers to the manner or mode in which something exists or is experienced or expressed.