Is a confidence interval the same as a margin of error?

Ethan Cook | 2023-06-17 10:21:00 | page views:1505
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Julian Gonzales

Works at the World Bank, Lives in Washington, D.C., USA.
The margin of error has been described as an "absolute" quantity, equal to a confidence interval radius for the statistic. For example, if the true value is 50 percentage points, and the statistic has a confidence interval radius of 5 percentage points, then we say the margin of error is 5 percentage points.
2023-06-17 10:21:00

Charlotte Clark

QuesHub.com delivers expert answers and knowledge to you.
The margin of error has been described as an "absolute" quantity, equal to a confidence interval radius for the statistic. For example, if the true value is 50 percentage points, and the statistic has a confidence interval radius of 5 percentage points, then we say the margin of error is 5 percentage points.
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