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Do you need to build confidence in understanding margin of error (MOE)? The Census Bureau often shares this statistic, which offers additional insights into the percentages and estimates we provide. A MOE describes the amount of error for an estimate resulting from utilizing a sample of the total population. By the end of this Data Gem, you will understand why we offer MOEs and how an estimate, paired with its MOE, describes a population.
Resources:
Margin of Error Definition - www.census.gov...
Confidence Interval Definition - www.census.gov...
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