The margin of error quantifies the uncertainty in a survey or experiment's results, indicating the range within which the true value is likely to fall. It is crucial for understanding the reliability and precision of statistical estimates, especially in the context of sample-based research.

Margin Of Error

margin of error

uncertainty in a survey

experiment's results

True value refers to the actual or real value of a quantity that is often estimated through measurements or calculations, serving as a benchmark for accuracy. It is an idealized concept, as true values are typically unknown and are approximated using statistical methods and models in scientific and engineering contexts.

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