Math Problem Statement
ssume that a sample is used to estimate a population proportion p. Find the margin of error M.E. that corresponds to a sample of size 373 with 61.1% successes at a confidence level of 90%.
M.E. = %
Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places. Round final answer to one decimal place
Solution
To find the margin of error (M.E.) for estimating a population proportion, we use the formula:
where:
- is the z-score corresponding to the desired confidence level,
- is the sample proportion,
- is the sample size.
Step 1: Identify the Given Values
- Sample size () = 373
- Sample proportion () = 61.1% = 0.611
- Confidence level = 90%
Step 2: Find the Critical Value () for a 90% Confidence Level
For a 90% confidence level, the critical value is approximately 1.645.
Step 3: Substitute Values into the Formula
Step 4: Calculate the Margin of Error
- Calculate .
- Divide by the sample size: .
- Take the square root: .
- Multiply by the critical value: .
Step 5: Round the Final Answer
The margin of error, rounded to one decimal place, is:
Final Answer:
Would you like more details or have any questions?
Here are some related questions to consider:
- How would the margin of error change with a 95% confidence level?
- What happens to the margin of error if the sample size increases?
- How would a lower sample proportion affect the margin of error?
- Why is it important to calculate the margin of error when estimating a population parameter?
- How does margin of error relate to the concept of statistical significance?
Tip: Higher confidence levels increase the critical value, thereby increasing the margin of error.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Statistics
Margin of Error
Confidence Intervals
Population Proportion
Formulas
M.E. = z* * √(p̂(1 - p̂) / n)
Theorems
Central Limit Theorem (for sample proportions)
Standard Error Formula
Suitable Grade Level
Grades 10-12
Related Recommendation
Calculate Sample Size for Population Proportion with 90% Confidence and 2% Margin of Error
Calculating Margin of Error with Sample Proportion and Confidence Level
Margin of Error Calculation for 90% Confidence Interval
Find the Margin of Error for a Population Proportion with 95% Confidence
Sample Size Calculation for Confidence Intervals in Surveys