Question

The average credit card debt for an American is between $11,000 and $17,000.How could this be written using a margin of error?$11,000 with a margin of error of +$3,000$14,000 with a margin of error of +$3,000$11,000 with a margin of error of +$6,000$14,000 with a margin of error of +$6,000

Answer 1

From the statement, we know that the average credit card debt for an American is between $11,000 and $17,000.

So, if we want to express the same information we can say that the average credit card debt for an American is $14,000 with a margin of error of +$3,000. Saying that we are expressing that the American debt is in the interval from $14,000 - $3,000 = $11,000 to $14,000 + $3,000 = $17,000.

Answer: $14,000 with a margin of error of +$3,000.