The larger the sampling error, the smaller the sample size needed ...

[nummyann]

The larger the sampling error, the smaller the sample size needed to develop the confidence interval.
 
  Indicate whether the statement is true or false

Question 2

Checkout times in a grocery store follow the exponential distribution with a mean time of 6.5 minutes. What is the probability that the checkout time (T) for the next customer will be less than 5 minutes?
 
  A) 0.537
  B) 0.463
  C) 0.257
  D) 0.950

[katkat_flores]

Answer to Question 1

TRUE

Answer to Question 2

A

[nummyann]

Thanks for the timely response, appreciate it

[apple]

Great answer, keep it coming