The margin of error is:
A)the largest possible sampling error at a specified level of confidence.
B)the critical value times the standard error of the sampling distribution.
C)Both A and B
D)the difference between the point estimate and the parameter.

Question

Quizplus · Accepted Answer

The margin of error combines both the largest possible sampling error at a specified level of confidence (A) and the critical value times the standard error of the sampling distribution (B). Therefore, both A and B are correct, making C the best choice. The margin of error is the range of values around a sample statistic within which the true population parameter is likely to fall.

The Margin of Error Is