![]() Lower margin of error indicates higher confidence levels in the produced results. Usually, it is used in association with the margin of errors to reveal the confidence a statistician has in judging the results of an online survey or online poll are worthy to represent the entire population or not. It is a very vital tool in market research as it depicts confidence level the researchers should have in the data obtained from surveys.Ī confidence interval is the level of unpredictability with a specific statistic. the confidence on the results will be lower to represent a population. ![]() A higher margin of error in statistics indicates less likelihood of relying on the results of a survey or poll, i.e. ![]() Margin of errors, in statistics, is the degree of error in results received from random sampling surveys.
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