Math Problem Statement
Determine the margin of error for a confidence interval to estimate the population mean with nequals16 and s = 14.1 for the confidence levels below. a) 80% b) 90% c) 99%
Solution
To determine the margin of error for a confidence interval to estimate the population mean, we use the following formula for the margin of error (ME):
Where:
- is the critical value of the t-distribution for a given confidence level.
- is the sample standard deviation.
- is the sample size.
- is the level of significance ().
Given:
Now, let's calculate the margin of error for each of the three confidence levels.
a) 80% Confidence Level
For an 80% confidence level, , so .
We need the critical value for degrees of freedom. Using a t-table or calculator, .
Now calculate the margin of error:
So, the margin of error for an 80% confidence level is approximately 4.72.
b) 90% Confidence Level
For a 90% confidence level, , so .
We need the critical value for degrees of freedom. From the t-table or calculator, .
Now calculate the margin of error:
So, the margin of error for a 90% confidence level is approximately 6.17.
c) 99% Confidence Level
For a 99% confidence level, , so .
We need the critical value for degrees of freedom. From the t-table or calculator, .
Now calculate the margin of error:
So, the margin of error for a 99% confidence level is approximately 10.39.
Summary of Results:
- 80% Confidence Level: Margin of Error = 4.72
- 90% Confidence Level: Margin of Error = 6.17
- 99% Confidence Level: Margin of Error = 10.39
Would you like further explanation or have any questions on this?
Here are some related questions for you to explore:
- How does the sample size affect the margin of error for confidence intervals?
- What happens to the margin of error if the sample standard deviation is larger?
- How would you calculate a confidence interval once the margin of error is determined?
- What is the difference between the t-distribution and the z-distribution in confidence intervals?
- How do you interpret a confidence interval in terms of population parameters?
Tip: A larger sample size generally reduces the margin of error, providing a more precise estimate of the population parameter.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Confidence intervals
Margin of error
t-distribution
Formulas
ME = t_(α/2) × (s / √n)
Theorems
Properties of the t-distribution
Concept of critical values in hypothesis testing
Suitable Grade Level
College-level statistics or AP Statistics
Related Recommendation
Margin of Error for a Sample Mean Using t-Distribution (n=26, 90% Confidence)
Confidence Interval Calculations for Population Mean
Margin of Error for 90% Confidence Interval: Sample Sizes 13, 25, and 46
Calculate Margin of Error for c = 0.90, n = 15, and s = 5.4
90% Confidence Interval for the Mean of a Normal Distribution