In: Statistics and Probability
1. If n=10, ¯ x (x-bar)=43, and s=10, find the margin of error at a 95% confidence level (use at least two decimal places)
2. If n=11, ¯x (x-bar)=35, and s=4, find the
margin of error at a 99% confidence level (use at least three
decimal places)
Solution :
Given that,
= 43
s =10
n = Degrees of freedom = df = n - 1 = 10- 1 = 9
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2= 0.05 / 2 = 0.025
t /2,df = t0.025,9 = 2.262 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.262 * ( 10/ 10)
= 7.15
b.
= 35
s =4
Degrees of freedom = df = n - 1 =11 - 1 = 10
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2 df = t0.005,10 = 3.169 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 3.169 * ( 4/ 11) = 3.822