Width of the resulting confidence interval

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In your opinion, can we generalize this 70% reduction in the width of the confidence interval to all cases and situations? In other words, is it always the case that doubling the sample size would cause a 70% reduction in the width of the resulting confidence interval? For example if we increase the sample size from 500 to 1000 in another situation where and are different values compared to those in this example, should we still expect a 70% reduction in the width of the resulting confidence interval?

Reference no: EM132286280

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