Statistics question: let's say a poll gives somebody a 48% approval rating with a 3 point margin of error. Does this mean that the actual result is anywhere between 51% and 45% at the same probability per each value?
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03-12-2018 07:52 PM
#1
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Statistics question: let's say a poll gives somebody a 48% approval rating with a 3 point margin of error. Does this mean that the actual result is anywhere between 51% and 45% at the same probability per each value? |
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03-12-2018 10:20 PM
#2
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There's a likelihood function that is symmetrical and normal-distribution-shaped for normal samples. So if the sampling data are normally distributed, the likelihood is highest around the reported value (48% in this case) and tapers off above and below it in a normal distribution shape. So, e.g., 48% is the most likely value of the approval rating, 47% and 49% are less likely but equal to each other, and so on as you fall further from the mean. | |
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03-12-2018 10:29 PM
#3
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