The margin of error is most closely related to which of the following statistics?
A) The range
B) The population probability of error
C) The confidence interval
D) The standard deviation

Question

Quizplus · Accepted Answer

The margin of error is most closely related to the confidence interval, as it quantifies the amount of uncertainty in an estimate of a population parameter. The margin of error is used to create the interval around the sample statistic where the true population parameter is expected to lie, given a certain level of confidence.

The Margin of Error Is Most Closely Related to Which