Question: The Current Population Survey Though opinion polls usually make 95% confidence statements, some sample surveys use other confidence levels. The monthly unemployment rate, for example,

The Current Population Survey Though opinion polls usually make 95% confidence statements, some sample surveys use other confidence levels.

The monthly unemployment rate, for example, is based on the Current Population Survey of about 50,000 households. The margin of error in the unemployment rate is announced as about two-tenths of 1 percentage point with 90% confidence. Would the margin of error for 95% confidence be smaller or larger? Why?

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