In: Statistics and Probability
a) USA Today provided a “snapshot” illustrating poll results
from 21944 subjects. The illustration showed that 43 % answered
“yes” to this question. “Would you rather have a boring job than no
job? “The margin of error was given as +/- percentage point. What
important feature of the poll was omitted?
b) For the poll described part “a” we see that 43% of 21944 people
polled answered “yes” to the given question. Given that 43% is the
best estimate of the population percentage. Why would we need a
confidence interval? That is, what additional information does the
confidence interval provide? Briefly explain.