Way to calculate overall confidence level for a survey
Best answer by Kate
Standard stats is going to use Confidence intervals of 95% or 99%. Simply because you want to be really really sure of something. Even if you're margin of error is large, you can still subtract the margin from your results and make very confdient statements.
EG: My survey says 90% of my survey-responding customers have seen my most recent ad. My total population of customers is 10,000 people, but this time I had just 50 take the survey. That gives me a margin of error of 14%. Therefore, I can be 95% confident that if _ALL _10,000 customers took my survey, _at least_ 76% of them will have seen my most recent ad.
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