ncote18 ncote18

24-06-2018
Mathematics

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WHAT DOES A CONFIDENCE INTERVAL TELL YOU AND HOW DOES THE MARGIN OF ERROR COME INTO PLAY?

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CastleRook CastleRook

26-06-2018

The confidence interval is type of interval estimate that is computed from the statistics of the observed data, that might contain the true value of the unknown population parameter.
The margin error tells you how many percentage points your results will differ from real population value.

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