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,the standard error is 3%.

Question

Quizplus · Accepted Answer

The margin of error is not the same as the standard error. The margin of error includes the standard error but also accounts for the confidence level used in the poll.

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