Question

In: Statistics and Probability

Solve the following problems about margin of error basics. a. What is the margin of error...

Solve the following problems about margin of error basics.

a. What is the margin of error for estimating a population mean, given the following information and a confidence level of 90%? σ =15 & n = 100
b. What is the margin of error for estimating a population mean given the following information and a confidence level of 90%? σ =5 & n = 500
c. What is the margin of error for estimating a population mean given the following information and a confidence level of 90%? σ =$10,000 & n = 40

Solutions

Expert Solution


Related Solutions

Solve the following problems. a) What is the order of the differential equation ? ′ =...
Solve the following problems. a) What is the order of the differential equation ? ′ = ? 2 − 3? − 10? Is it linear ? b) Determine whether the differential equation ? ′ = ? 2 − 3? − 10 possesses constant solutions. If yes find these constant solutions. c) Find the value(s) of ? so that the function ? = ? ?? is a solution of ? ′′ − 3? ′ − 10? = 0. Do you think...
Choose the best answer Which of the following best explains what is the margin of error...
Choose the best answer Which of the following best explains what is the margin of error in a test or questionnaire? a. A statistic that tells us how many points the results may vary. b. A numerical index that illustrates the level of dispersion of a group. c. A data that expresses quantitatively the average of some scores. d. A statistic that demonstrates the level or degree of reliability.
In a short paragraph, distinguish between Sampling Error and the Margin of Error. Explain what each...
In a short paragraph, distinguish between Sampling Error and the Margin of Error. Explain what each represents and the relationship between them. (3 points) In a short paragraph, distinguish between a Point Estimate and an Interval Estimate. Explain what each represents and the relationship between them. (3 points) TYPED ONLY PLEASE!!!!
In the following problem: 1. Determine the value of the margin of error ( E )...
In the following problem: 1. Determine the value of the margin of error ( E ) 2. Construct the confidence interval. 3. Write a statement that correctly interprets the confidence interval. From a Prince Market Research poll in which randomly chosen people were asked if they felt that U.S. nuclear weapons made them feel safer the following data was gathered. Construct a 95% confidence interval for the proportion of all people living in the United States who felt nuclear weapons...
What is the margin of error for the population mean at 90% confidence level for the...
What is the margin of error for the population mean at 90% confidence level for the information in Data. Data: 5.1 10.8 6.2 4.3 5.7 7.3 4.7 7.5 8.7 5.5 8.7 7.7 6.5 6.2 11.4 8.1 5.5 12.3 6.4 7.2 7.6 9.2 8.9 6.9 4.8 9.4 11.7 5.6 7.1 13.4 a) 0.74 b) 0.73 c) 0.72 d) 0.75 e) none of the above
What is the margin of error for a 99% CI for a mean, when the sample...
What is the margin of error for a 99% CI for a mean, when the sample size is 8, the sample average is 152, the sample std dev is 30, and the sample was drawn from a Normal population? (Enter your answer to two decimals: ex: 12.34). A 90% confidence interval for the population mean is 30 < mu < 50. What is the sample mean? A sample of 8 female college students consumes an average of 10 liters of...
Determine the point estimate of the population​ proportion, the margin of error for the following confidence​...
Determine the point estimate of the population​ proportion, the margin of error for the following confidence​ interval, and the number of individuals in the sample with the specified​ characteristic, x, for the sample size provided. Lower bound equals=0.689, upper bound equals=0.891, nequals=1200
Determine the point estimate of the population​ proportion, the margin of error for the following confidence​...
Determine the point estimate of the population​ proportion, the margin of error for the following confidence​ interval, and the number of individuals in the sample with the specified​ characteristic, x, for the sample size provided. Lower bound equals =0.189 upper bound equals =0.431 n equlas =1500
Explain the difference between the standard error of a sample proportion and the margin of error...
Explain the difference between the standard error of a sample proportion and the margin of error of a confidence interval for a population proportion.
Find the point estimate, the standard error, and the margin of error for the given confidence...
Find the point estimate, the standard error, and the margin of error for the given confidence level and values of x and n. x=45, n=97, confidence level 95% (a) Find the point estimate. (b) Find the standard error. (c) Find the margin of error.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT