Peggy constructed the 95 percent confidence interval (4.8,5.2) to estimate the slope of a regression model for a set of bivariate data with 24 data values. Peggy claims that the width of the confidence interval will increase if a sample size of 30 is used, all other things remaining the same. Quincy claims that the width of the confidence interval will decrease if a sample size of 30 is used. Which statement is true about the claims made by Peggy and Quincy?

Q&A Education