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What additional information does confidence interval provide

For a poll, 43% of 21,944 people polled answered "yes" to the given question. Given that 43% is the best estimate of the population percentage, why would we need a confidence interval? That is, what additional information does the confidence interval provide?

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Basic Statistics: What additional information does confidence interval provide

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: What additional information does confidence interval provide

Reference No:- TGS0685235

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : Determine areas in the greatest need of social support

Q : Are there enough telephone numbers available for purpose

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Q : What additional information does confidence interval provide

Q : Convert the rest energy of matter

Q : Model markov chain and find proportion of successful trials

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: What additional information does confidence interval provide

Reference No:- TGS0685235

Recent Questions Asked Basic Statistics

Q : Determine areas in the greatest need of social support

Q : Are there enough telephone numbers available for purpose

Q : Volunteered for community service in the past

Q : Write balanced nuclear equations

Q : What additional information does confidence interval provide

Q : Convert the rest energy of matter

Q : Model markov chain and find proportion of successful trials

Q : Type of vertebrate-like organism

Q : Scalar multiplication and matrix multiplication

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