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An election poll concluded that two candidates were tied at 50% of polled voters each.The number of people polled was 500.What is the statistical error
An election poll concluded that two candidates were tied at 50% of polled voters each.The number of people polled was 500.What is the statistical error at a 95% confidence level? Comment on the results. Hint: Use the continuous approximation to the binomial distribution.This type of result will be similar to when polls are reported on the news and the newscaster will say that the error is plus and minus 3%.
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