Cross Validated Asked by atilla on January 21, 2021
I was studying statistics and encountered this survey.
What does " within 3% of the true proportion" mean?
I did some research, and I guess it’s the margin of error. However, then I thought if that phrase was related to the margin of error, it would say "within 97% of the true proportion" since the margin of error represents the range of the true value. So I couldn’t really understand what it meant. Can someone please explain?
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