"> During presidential elections, election forecasters will typically use exit polls to try to predict the outcome of the presidential election. We will often hear that a candidates lead is outside the margin of error at a 95% confidence level. What does this mean? - Premium Research Writers

During presidential elections, election forecasters will typically use exit polls to try to predict the outcome of the presidential election. We will often hear that a candidates lead is outside the margin of error at a 95% confidence level. What does this mean?

In your answer, be sure to include the following: Explain what margin of error and confidence intervals are. How does it help us estimate a population parameter? What does it mean when there is a statistical tie? Why is it dangerous to make predictions within the margin of error?

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