In: Statistics and Probability
Determine the margin of error for a confidence interval to estimate the population mean with n=22 and s =14.4 for the confidence levels below
a. 80%
b.90%
c. 99%
The margin of error for an 80% confidence interval is_______?
repeat for 90% and 99%
Solution :
Given that,
s = 14.4
n = 22
Degrees of freedom = df = n - 22 = 22 - 1 = 21
a)
At 80% confidence level the t is ,
Margin of error = E =
t/2,df * (s /
n)
E = 4.062
The margin of error for an 80% confidence interval is 4.062
b)
At 90% confidence level the t is ,
Margin of error = E =
t/2,df * (s /
n)
E = 5.284
The margin of error for an 90% confidence interval is 5.284
c)
At 99% confidence level the t is ,
Margin of error = E =
t/2,df * (s /
n)
E = 8.691
The margin of error for an 99% confidence interval is 8.691