A magazine article conducted a survey of 807 people in Phoenix metro area and found that 45% of the population believe that the suns will win the NBA finals next year. In the accompanying dialogue, the article states, we are 97% confident that the true proportion of people in Phoenix metro area who believe that the suns will win the NBA finals next year lies between 41% and 49%. What does 4% represent in the article? A. a statistic B. a margin of error C. a confidence interval D. a confidence level E. a parameter

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A magazine article conducted a survey of 807
people in Phoenix metro area and found that 45% of the
population believe that the suns will win the NBA finals
next year. In the accompanying dialogue, the article
states, we are 97% confident that the true proportion of
people in Phoenix metro area who believe that the suns
will win the NBA finals next year lies between 41% and
49%. What does 4% represent in the article?
OA. a statistic
B. a margin of error
O C. a confidence interval
D. a confidence level
E. a parameter
Transcribed Image Text:A magazine article conducted a survey of 807 people in Phoenix metro area and found that 45% of the population believe that the suns will win the NBA finals next year. In the accompanying dialogue, the article states, we are 97% confident that the true proportion of people in Phoenix metro area who believe that the suns will win the NBA finals next year lies between 41% and 49%. What does 4% represent in the article? OA. a statistic B. a margin of error O C. a confidence interval D. a confidence level E. a parameter
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