margin of error

The term "margin of error" is crucial in statistics, research, and data analysis to express the uncertainty in survey or experiment results.

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Definition

C1Statistics

(technical, academic)The range within which the true value of a measurement or estimate is expected to lie, accounting for potential error or uncertainty.

Example

  • The survey reported a margin of error of Β±3%, indicating the results could vary by this amount.

B2Safety

(general)An additional amount added beyond the calculated minimum to ensure safety or reliability.

Example

  • The engineers included a margin of error in their calculations to prevent structural failure.

Similar

Terms that have similar or relatively close meanings to "margin of error":

margin of safetymargin of victoryabsolute errorrounding error