In: Statistics and Probability
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