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mattc
04-12-2009, 11:27 PM
When opinion polls are reported in the press, they are given a margin of error, for example, of ±3 points. Explain what that ±3 means now that you've learned about confidence interval estimation.

omega
04-12-2009, 11:32 PM
±3 gives half the width of the confidence interval. It indicates that the true value is within 3 points away from the statistic obtained from the survey (usually the sample mean or proportion).