Elementary Statistics: A Step-by-Step Approach with Formula Card 9th Edition

Published by McGraw-Hill Education
ISBN 10: 0078136334
ISBN 13: 978-0-07813-633-7

Chapter 7 - Confidence Intervals and Sample - Chapter Quiz - Page 409: 9

Answer

Margin of error

Work Step by Step

The maximum likely difference between the point estimate of a parameter and the actual value of the parameter is called the margin of error.
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