Explain the concept of confidence intervals

Reference no: EM13970363

A description of a poll in a certain newspaper says that one can be 95% confident that error due to sampling will be no more than plus or minus 3 percentage points. A poll in the New York Times taken in Iowa says that "according to statistical theory, in 19 out of 20 cases the results based on such samples will differ by no more than 3 percentage points in either direction from what would have been obtained by interviewing all adult Iowans." These are both attempts to explain the concept of confidence intervals. Do both statements say the same thing? If not, which do you think is the more accurate description?

Reference no: EM13970363

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