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Explanation:
Concepts and reason
The confidence level of an interval estimate of a parameter is the probability that the interval estimate will contain the parameter, assuming that a large number of samples are selected and the estimation process on the sample parameter is repeated.
A confidence interval is a specific interval estimate of a parameter determined by using data obtained from a sample and by using the specific confidence level of the estimate.
The margin of error is the maximum likely difference between the point estimate of a parameter and the actual value of the parameter.
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