Question
The sample size is \( n=200 \) and \( \sigma=15 \), and the confidence level is \( 95 \% \). (Round to 3 decimals) \( E=\square \)
Ask by Hammond Wade. in the United States
Nov 04,2024
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Answer
The margin of error \( E \) is approximately 2.082.
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The Deep Dive
To calculate the margin of error \( E \) for a 95% confidence level, you can use the formula \( E = z \cdot \frac{\sigma}{\sqrt{n}} \). For a 95% confidence level, the z-value is approximately 1.96. Plugging in the values: \[ E = 1.96 \cdot \frac{15}{\sqrt{200}} \] \[ E = 1.96 \cdot \frac{15}{14.142} \] \[ E \approx 1.96 \cdot 1.061 = 2.082 \] So rounding to three decimals, you get \( E \approx 2.082 \).