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Suppose that you and a friend read the following statement in a news report, A recent poll found that 54% of voters, give or take
Suppose that you and a friend read the following statement in a news report, "A recent poll found that 54% of voters, give or take 3%, plan to vote for candidate X in the next election (with a confidence level of 95%)". Your friend then makes the statement, "Hey, look, there's a 95% chance that somewhere between 51% and 57% of voters plan to vote for candidate X!" How would you explain to your friend why his statement is incorrect, be sure to provide your friend with the correct interpretation of the confidence interval?
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