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?

The margin of error is a statistic that expresses how much random sampling error there is in a survey's results. The wider the margin of error, the less confident one should be that a poll result reflects the outcome of a population-wide survey.

Given that the organization polled a random sample of its employees regarding their new vacation policy.

Now, 83% of the workers polled assessed the vacation policy as "delightful," with a margin of error of ±2% and a confidence interval of 95%, implying that 81% to 85% of all employees will judge the vacation policy as "delightful" with 95% confidence.

Hence, the margin of error implies that 81% to 85% of all employees will judge the vacation policy as "delightful" with 95% confidence.

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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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What is the margin of error?

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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?