With less than two weeks to go until Election Day, its a three-point race. Democrat Joe Biden
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Question:
With less than two weeks to go until Election Day, it’s a three-point race.
Democrat Joe Biden now leads President Trump 49% to 46% among Likely U.S. Voters, according to Rasmussen Reports’ weekly White House Watch survey.
The survey of 2,500 Likely Voters was conducted October 14-15 and 18-20, 2020 by Rasmussen Reports. The margin of sampling error is +/- 2 percentage points with a 95% level of confidence.
The question asked of the voters was: “If the presidential election was held today, would you vote for Donald Trump or Joe Biden?”
- Identify the Individual:
- Identify the variable for which data was collected:
- What type of data was collected?
- Qualitative
- Quantitative
- With respect to the Confidence Interval for Democrat Joe Biden:
- What is the wording for the parameter in the context of this confidence interval?
- What is the symbol for the parameter?
- Lower Bound:
- Upper Bound:
- Point Estimate symbol:
- Point Estimate value:
- Interpretation of the confidence interval in Context:
- With respect to the Confidence Interval for President Trump
- What is the wording for the parameter in the context of this confidence interval?
- What is the symbol for the parameter?
- Lower Bound:
- Upper Bound:
- Point Estimate symbol:
- Point Estimate value:
- Interpretation of the confidence interval in Context:
Comparing these two confidence intervals, how confident are you that there is a clear leader? Why or why not? Answer in a sentence or two.
Related Book For
Managerial Economics and Strategy
ISBN: 978-0321566447
1st edition
Authors: Jeffrey M. Perloff, James A. Brander
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