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19 November, 21:55

An organization surveyed a random sample of their employees about their new vacation policy. Out of the employees surveyed, 83% rated the vacation policy as "delightful" with a margin of error of ±2% and a confidence interval of 95%. What does the margin of error imply?

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  1. 19 November, 22:08
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    Margin of error implies that the number of those who rated the vacation as delightful ranges between 81% (that is, 83-2) and 85% (that is, 83+2) of the population at a 95% confidence interval.
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