SOLUTION: Explain the meaning of a poll that says 44% of Americans approve of the president's policies, with a margin of error of 5% and confidence level of 95%. In % of such polls, the r

Algebra ->  Probability-and-statistics -> SOLUTION: Explain the meaning of a poll that says 44% of Americans approve of the president's policies, with a margin of error of 5% and confidence level of 95%. In % of such polls, the r      Log On


   

Question 1026082: Explain the meaning of a poll that says 44% of Americans approve of the president's policies, with a margin of error of 5% and confidence level of 95%.
In % of such polls, the reported approval of the president's policies will be between % (smaller value) and % (larger value).
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Explain the meaning of a poll that says 44% of Americans approve of the president's policies, with a margin of error of 5% and confidence level of 95%.
In % of such polls, the reported approval of the president's policies will be between % (smaller value) and % (larger value).
---
We are 95% certain that the President's approval rating
is between 44-5 % and 44+5 %
---
smaller value 39%
larger value 49%
----------------------
Cheers,
Stan H.
-----------