SCENARIO 8-11
A poll was conducted by the marketing department of a video game company to determine
the popularity of a new game that was targeted to be launched in three months.Telephone
interviews with 1,500 young adults were conducted which revealed that 49% said they would
purchase the new game.The margin of error was 3 percentage points.
-True or False: Referring to Scenario 8-11, the standard error is 3%.
Correct Answer:
Verified
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