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Review the concepts of confidence interval and margin of error studied in this unit. Say you...

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Statistics

Review the concepts of confidence interval and margin of errorstudied in this unit. Say you were researching some aspect of apopulation, and the sample proportion is 25% with a margin of errorof 4% at the 95% confidence level. Does this mean that there is 95%chance that the population proportion is between 21% and 29%? Whyor why not, and what might be the implications for your research ineither case?

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4.2 Ratings (827 Votes)
basically the confidence interval of any parameter is the estimated interval for parameter with certain confidence level on the behalf of sample we can find confidence interval for any parameter as estimated value of    See Answer
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