Why Is the Sample Size So Important to Statistical Analysis

question 10

Multiple Choice

Why is the sample size so important to statistical analysis, in this case during regression analysis?

• A) It provides a more reliable regression model.
• B) It provides additional assurance that predictors are from a normally distributed data set.
• C) It increases the chances of detecting a difference if one exists.
• D) All of the above.

---

Definitions:

Manage Uncertainties

The practice of identifying, assessing, and developing strategies to minimize the impact of unpredictability on objectives.

Outcome-Dependent Audience

An audience whose reactions or responses are influenced by the results or outcomes of a particular event or decision.

Tough

Exhibiting firmness or resilience, especially in difficult situations or negotiations.

Best Possible Outcome

The most favorable result that can be achieved in a situation, negotiation, or endeavor after considering all constraints and variables.