Try the fastest way to create flashcards
Question

A TV newscaster reports the results of a poll of voters, and then says, “The margin of error is plus or minus 4%.” Explain carefully what that means.

Solution

Verified
Answered 2 years ago
Answered 2 years ago

The "margin of error is plus or minus 4%4\%" means that at a confidence level stated by the researchers at the start of the poll (e.g. 95%95\%) the results of the poll is 95%95\% confident that the true percentage results is within the interval of (p^±ME)=(p^±0.04)(\hat{p} \pm ME) = (\hat{p}\pm 0.04) where p^\hat{p} is the computed sample percentage computed by the poll.

Create a free account to view solutions

Create a free account to view solutions

Recommended textbook solutions

Stats: Modeling the World 5th Edition by David E. Bock, Paul Velleman, Richard D. De Veaux

Stats: Modeling the World

5th EditionISBN: 9780134685762 (3 more)David E. Bock, Paul Velleman, Richard D. De Veaux
4,426 solutions
The Practice of Statistics for the AP Exam 6th Edition by Daren S. Starnes, Josh Tabor

The Practice of Statistics for the AP Exam

6th EditionISBN: 9781319113339Daren S. Starnes, Josh Tabor
2,673 solutions
Updated The Practice of Statistics for the AP Exam 6th Edition by Daren S. Starnes, Josh Tabor

Updated The Practice of Statistics for the AP Exam

6th EditionISBN: 9781319269296Daren S. Starnes, Josh Tabor
2,577 solutions
The Practice of Statistics for the AP Exam 5th Edition by Daniel S. Yates, Daren S. Starnes, David Moore, Josh Tabor

The Practice of Statistics for the AP Exam

5th EditionISBN: 9781464108730 (1 more)Daniel S. Yates, Daren S. Starnes, David Moore, Josh Tabor
2,433 solutions

More related questions

1/4

1/7