Final answer:
The computations for the margin of error rely on the mathematical properties of the sampling distribution of the statistic. The margin of error represents the range of values within which the true population parameter is likely to fall.
Step-by-step explanation:
The computations for the margin of error rely on the mathematical properties of the sampling distribution of the statistic. When calculating the margin of error, we take into account the desired confidence level, information known about the distribution, and the sample size. The margin of error represents the range of values within which the true population parameter is likely to fall.