Questions: Fill in the blank with the appropriate word or phrase. The margin of error is the product of the standard error and the (Choose one) . confidence level sample size critical value standard deviation

Fill in the blank with the appropriate word or phrase. The margin of error is the product of the standard error and the (Choose one) . confidence level sample size critical value standard deviation
Transcript text: Fill in the blank with the appropriate word or phrase. The margin of error is the product of the standard error and the $\square$ (Choose one) . confidence level sample size critical value standard deviation
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Solution

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Solution Steps

Step 1: Understand the Concept

The margin of error in statistics is a measure of the range within which we can expect the true population parameter to lie, with a certain level of confidence. It is calculated as the product of the standard error and a critical value, which is determined by the desired confidence level.

Step 2: Identify the Correct Term

Given the options:

  • Confidence level
  • Sample size
  • Critical value
  • Standard deviation

The margin of error is specifically the product of the standard error and the critical value, which is derived from the confidence level.

Final Answer

\(\boxed{\text{critical value}}\)

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