For an Exit Poll of an Election, Candidate a Obtained

question 93

True/False

For an exit poll of an election, Candidate A obtained 53.6% of the total sample votes. If the 95% confidence interval is 51.8% to 55.4%, then we may infer that Candidate A is the winner of the election with 95% confidence.

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Definitions:

Market Basket

A selected set of goods and services used to track changes in prices and inflation over time, representing the typical consumption of a household.

CPI

A gauge of the weighted average cost of a selection of consumer goods and services, including transportation, healthcare, and food, known as the Consumer Price Index.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services.

Market Basket

A fixed list of items used to track the progress of inflation in an economy.