both companies used the same sample size, what does this imply about the margin of error for each survey? Select one: O a. Company A will have a lower margin of error. O b. They will be the same. O c. Company B will have a lower margin of error.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 6E: List the sample space of each experiment. Tossing three coins
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Two different market research companies
conducted a survey on the same issue.
Company A used a 90% confidence level and
company B used a 95% confidence level. If
both companies used the same sample size,
what does this imply about the margin of error
for each survey?
Select one:
O a. Company A will have a lower margin of
error.
b. They will be the same.
c. Company B will have a lower margin of
error.
Transcribed Image Text:Two different market research companies conducted a survey on the same issue. Company A used a 90% confidence level and company B used a 95% confidence level. If both companies used the same sample size, what does this imply about the margin of error for each survey? Select one: O a. Company A will have a lower margin of error. b. They will be the same. c. Company B will have a lower margin of error.
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