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:

M.E.=zp^(1p^)nM.E. = z^* \cdot \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}

where:

  • zz^* is the z-score corresponding to the desired confidence level,
  • p^\hat{p} is the sample proportion,
  • nn is the sample size.

Step 1: Identify the Given Values

  • Sample size (nn) = 373
  • Sample proportion (p^\hat{p}) = 61.1% = 0.611
  • Confidence level = 90%

Step 2: Find the Critical Value (zz^*) for a 90% Confidence Level

For a 90% confidence level, the critical value zz^* is approximately 1.645.

Step 3: Substitute Values into the Formula

M.E.=1.6450.611(10.611)373M.E. = 1.645 \cdot \sqrt{\frac{0.611 \cdot (1 - 0.611)}{373}}

Step 4: Calculate the Margin of Error

  1. Calculate 0.611(10.611)=0.6110.389=0.2378790.611 \cdot (1 - 0.611) = 0.611 \cdot 0.389 = 0.237879.
  2. Divide by the sample size: 0.237879373=0.00063785\frac{0.237879}{373} = 0.00063785.
  3. Take the square root: 0.00063785=0.02525\sqrt{0.00063785} = 0.02525.
  4. Multiply by the critical value: 1.6450.02525=0.041531.645 \cdot 0.02525 = 0.04153.

Step 5: Round the Final Answer

The margin of error, rounded to one decimal place, is:

M.E.4.2%M.E. \approx 4.2\%

Final Answer:

M.E.=4.2%\text{M.E.} = 4.2\%

Would you like more details or have any questions?

Here are some related questions to consider:

  1. How would the margin of error change with a 95% confidence level?
  2. What happens to the margin of error if the sample size increases?
  3. How would a lower sample proportion affect the margin of error?
  4. Why is it important to calculate the margin of error when estimating a population parameter?
  5. 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