"Confidence level" and "margin of error" are two terms for the same concept.

Name: "Confidence level" and "margin of error" are two terms for the same concept.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

"Confidence level" refers to the probability that the value of a parameter falls within a specified range of values, while "margin of error" quantifies the range of error in survey results, indicating how much the survey results could differ from the true population value.

"Confidence Level" and "Margin of Error" Are Two Terms for the Same