The purpose of this assignment is to reflect on your understanding of topics you have learned so far about the margin of error and the Confidence Interval and then explaining it to someone else.
Discuss the following and give real life examples.
- Why do we have a Margin of Error in Statistics? If statistics are meant to be accurate, why are they sometimes accompanied by an estimate of doubt?
- What is the relationship between Margin of Error, Confidence interval and Sample Size.
1 to 2 paragraphs.
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