Instruction 8-12
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.
-Referring to Instruction 8-12,you are 99% confident that the percentage of the targeted young adults who will purchase the new game is somewhere between 46% and 52%.

Question

Quizplus · Accepted Answer

The margin of error provided is ±3 percentage points, which means the confidence interval is between 46% and 52%, but this is typically associated with a 95% confidence level, not 99%. A 99% confidence interval would be wider.

Instruction 8-12 a Poll Was Conducted by the Marketing Department of a of a Video