Question

In: Statistics and Probability

Find the value of E, the margin of error, for c =0.99, n =16 and s...

Find the value of E, the margin of error, for c =0.99, n =16 and s =2.6.

Formull: EBM=

Input : EBM =

EBM= , Round you answer to 2 decimal places

Solutions

Expert Solution

Solution :

c =0.99, n =16 and s =2.6,

for c = 0.99 , df = n - 1 = 15 , tα/2 = 2.947

Margin of error ( EBM ) formula as below

Input : EBM = 2.947*(2.6/√16)

EBM = 1.92


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