Math Problem Statement
Find the margin of error for the given values of c,
sigmaσ,
and n.
cequals=0.900.90,
sigmaσequals=2.62.6,
nequals=100100
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Part 1
Eequals=enter your response here
(Round to three decimal places as needed.)Level of Confidence
z Subscript czc
90%
1.645
95%
1.96
99%
2.575
Solution
To calculate the margin of error , you can use the formula:
where:
- is the critical value associated with the confidence level (in this case, for 90% confidence),
- is the population standard deviation,
- is the sample size.
Step-by-step calculation:
- Calculate the square root of the sample size:
- Divide the standard deviation by the square root of the sample size:
- Multiply by the critical value :
Final Answer:
So, the margin of error is (rounded to three decimal places).
Would you like more details on the process or have any questions?
Here are five related questions:
- How is the critical value determined for other confidence levels?
- How does increasing the sample size affect the margin of error?
- What happens to the margin of error if the population standard deviation increases?
- Can you use this formula for non-normal distributions? If not, what adjustments are needed?
- What is the relationship between confidence level and margin of error?
Tip: Increasing the sample size reduces the margin of error, providing a more precise estimate.
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Math Problem Analysis
Mathematical Concepts
Statistics
Margin of Error
Confidence Interval
Formulas
E = z_c × (σ / √n)
Theorems
Central Limit Theorem (CLT)
Suitable Grade Level
Grades 11-12 / College-level Statistics
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