The Current Population Survey. Though opinion polls usually make 95% confidence statements, some sample surveys use other
Question:
The Current Population Survey. Though opinion polls usually make 95% confidence statements, some sample surveys use other confidence levels.
The monthly unemployment rate, for example, is based on the Current Population Survey of about 60,000 households. The margin of error in the unemployment rate is announced as about two-tenths of one percentage point with 90%
confidence. Would the margin of error for 95% confidence be smaller or larger?
Why?
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Related Book For
Statistics Concepts And Controversies
ISBN: 9781429277761
7th Edition
Authors: David S Moore, William I Notz
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