The margin of error is:
A) the difference between the point estimate and the true value of the population parameter
B) the critical value times the standard error of the estimator
C) the smallest possible sampling error
D) both the difference between the point estimate and the true value of the population parameter and the critical value times the standard error of the estimator
E) none of these

Question

Quizplus · Accepted Answer

The margin of error is the amount of error that is expected in a statistical estimate due to the sampling variation. It is calculated as the critical value times the standard error of the estimator. Thus, the correct choice is B - the critical value times the standard error of the estimator.

The Margin of Error Is