13. Margin of error. A corporate executive reports the results of an employee satisfaction survey, stating that

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13. Margin of error. A corporate executive reports the results of an employee satisfaction survey, stating that 52%

of employees say they are either “satisfied” or “extremely satisfied” with their jobs, and then says “the margin of error is plus or minus 4%.” Explain carefully what that means.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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