The margin of error is the minimum difference we would expect between a particular sample mean and the overall population mean at a specified level of confidence.

Question

Quizplus · Accepted Answer

The margin of error actually represents the range of values above and below the sample statistic in a confidence interval. It is not the minimum difference, but rather an interval within which we expect the population parameter to lie, given a certain level of confidence.

The Margin of Error Is the Minimum Difference We Would