A recent survey on marriage trends reported that 4% of the respondents said single women having children is a "good thing". The 95% confidence interval is from 2.9% to 5.1%. (n= 1229)
(a) What is the Margin of Error
(b) What does "95% confidence" mean?
(c) If we wanted a 99& confidence interval, would the interval be wider or smaller than 2.9% to 5.1%
Lower CI = phat - E = 0.029…… (1)
Upper CI = phat + E = 0.051……. (2)
Subtracting (2) from (1)
2*E = (0.051 – 0.029) = 0.022
E = 0.011
The margin of error is 0.011.
This indicate that we have more reliable region. But it is less precise.
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