Margin of error

{
  "id": "MLC-T-ECS-001132",
  "term": "Margin of error",
  "field": "Economic statistics",
  "term_source": "Margin of Error",
  "definition": "A margin of error is the difference between an estimate and its upper or lower confidence bounds. Confidence bounds can be created by adding the margin of error to the estimate (for an upper bound) and subtracting the margin of error from the estimate (for a lower bound). All published margins of error for the American Community Survey are based on a 90 percent confidence level.",
  "abbreviation": "MOE",
  "see_also": [
    "Confidence interval (American Community Survey)",
    "Lower bound (American Community Survey)",
    "Upper bound (American Community Survey)"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/margin-of-error/"
}