margin of error. bootstrapping the margin of error is half of the interval

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Margin of error

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Page 1: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error

Page 2: Margin of error. Bootstrapping The margin of error is half of the interval

Bootstrapping

• The margin of error is half of the interval.

Page 3: Margin of error. Bootstrapping The margin of error is half of the interval

Central Limit Theorem

Page 4: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error of the mean

• 95%

• Approximately

Page 5: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error of a proportion

The greatest margin of error occurs when

Page 6: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error of a proportion

Rule of thumb becomes

Page 7: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error of a proportion

It should only be applied when the probability is between 0.3 and 0.7

Page 8: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error for differences

• If the results are from the same survey or poll:

• Margin error of difference = 2 x Margin of error of the Poll

Page 9: Margin of error. Bootstrapping The margin of error is half of the interval

Margin of error for differences

• If the results are from two independent surveys or polls:

• Margin error of difference = 1.5 x Average of error of each Poll