Assuming that the samples come from normal distribution, find the margin of error E given the following:
n = 10 and x̄ = 28 with s = 4.0, 99 % confidence
n = 16 and x̄ = 50 with s = 4.2, 95 % confidence
1.
The value of z at 99% confidence level is 2.58.
The standard error is
"SE = \\frac{s}{\\sqrt{n}} \\\\\n\n= \\frac{4.0}{\\sqrt{10}}=1.26"
The margin of error is
"ME = Z \\times SE \\\\\n\n= 2.58 \\times 1.26= 3.26"
2.
The value of z at 95% confidence level is 1.96.
The standard error is
"SE = \\frac{s}{\\sqrt{n}} \\\\\n\n= \\frac{4.2}{\\sqrt{16}}=1.05"
The margin of error is
"ME = Z \\times SE \\\\\n\n= 1.96 \\times 1.05 = 2.058"
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