If the Bound on the Error of Estimation Decreases,the Sample

question 93

Short Answer

If the bound on the error of estimation decreases,the sample size ____________________.

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Definitions:

Industrialized Nations

Countries that are characterized by a high level of industrialization, advanced technological infrastructure, and higher living standards.

Labor Productivity

The measure of the amount of goods and services produced by one hour of labor.

Worker Hour

A measure of labor that represents one hour of work performed by an employee or a group of employees.

Gross Savings Rate

The percentage of gross national income saved by a country's residents.