In politics, marketing, etc. we often want to estimate a percentage or proportion p. One calculation in statistical polling is the margin of error - the largest (reasonble) error that the poll could have. For example, a poll result of 72% with a margin of error of 4% indicates that p is most likely to be between 68% and 76% (72% minus 4% to 72% plus 4%). In a (made-up) poll, the proportion of people who like dark chocolate more than milk chocolate was 25% with a margin of error of 1.3%. Describe the conclusion about p using an absolute value inequality. The answer field below uses the symbolic entry option in Mobius. That lets you type in a vertical bar to represent absolute values. Also, when you type in and then =, the symbolic entry option will automatically convert that to <. In the same way, if you type in and then, the symbolic entry option will automatically convert that to >. Be sure to use decimal numbers in your answer (such as using 0.40 for 40%).

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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### Understanding Margin of Error in Statistical Polling

In fields such as politics and marketing, estimates of a percentage or proportion \( p \) are often crucial. A key calculation in statistical polling is the margin of error, which represents the largest reasonable error that the poll could have. 

For example, a poll result of 72% with a margin of error of 4% suggests that \( p \) is most likely to be between 68% and 76% (calculated as 72% minus 4% to 72% plus 4%).

### Example Poll Analysis

Consider a hypothetical poll where the proportion of people who prefer dark chocolate over milk chocolate is reported as 25% with a margin of error of 1.3%. To understand the conclusion about \( p \) using an absolute value inequality, we need to express this margin of error appropriately.

### Using the Mobius Symbolic Entry Option

The answer field below employs the symbolic entry option in Mobius, allowing you to type in a vertical bar \( | \) to denote absolute values. Additionally:
- When you type the symbols \( < \) and then \( = \), the symbolic entry option will automatically convert this to \( \leq \).
- Similarly, when you type \( > \) and then \( = \), it converts to \( \geq \).

### Decimal Number Usage

Make sure to use decimal numbers in your responses, such as representing 40% as 0.40.

**Note:** This text helps in handling margin of error and absolute value equations, often needed in interpreting poll results and their likely ranges.
Transcribed Image Text:### Understanding Margin of Error in Statistical Polling In fields such as politics and marketing, estimates of a percentage or proportion \( p \) are often crucial. A key calculation in statistical polling is the margin of error, which represents the largest reasonable error that the poll could have. For example, a poll result of 72% with a margin of error of 4% suggests that \( p \) is most likely to be between 68% and 76% (calculated as 72% minus 4% to 72% plus 4%). ### Example Poll Analysis Consider a hypothetical poll where the proportion of people who prefer dark chocolate over milk chocolate is reported as 25% with a margin of error of 1.3%. To understand the conclusion about \( p \) using an absolute value inequality, we need to express this margin of error appropriately. ### Using the Mobius Symbolic Entry Option The answer field below employs the symbolic entry option in Mobius, allowing you to type in a vertical bar \( | \) to denote absolute values. Additionally: - When you type the symbols \( < \) and then \( = \), the symbolic entry option will automatically convert this to \( \leq \). - Similarly, when you type \( > \) and then \( = \), it converts to \( \geq \). ### Decimal Number Usage Make sure to use decimal numbers in your responses, such as representing 40% as 0.40. **Note:** This text helps in handling margin of error and absolute value equations, often needed in interpreting poll results and their likely ranges.
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