SCENARIO 8-11 a Poll Was Conducted by the Marketing Department of a of a Video

True/False

SCENARIO 8-11
A poll was conducted by the marketing department of a video game company to determine
the popularity of a new game that was targeted to be launched in three months.Telephone
interviews with 1,500 young adults were conducted which revealed that 49% said they would
purchase the new game.The margin of error was 3 percentage points.
-True or False: Referring to Scenario 8-11, the sampling error is 3%.