A population has a standard deviation of 50. A random sample of 100 items from this population is selected. The sample mean is determined to be 600. At 95% confidence, the margin of error is
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Given :
Standard deviation of population = 50
Number of items = 100
Confidence = 95%
Sample mean = 600
To Find :
The margin of error
Solution :
- Error = (z×σ) /√n
= 1.96 × 50 /√100
= 9.8
- Margin of error = ( 600-e , 600+e)
= ( 600-9.8 , 600+9.8)
= (590.2 , 609.8)
The margin of error is (590.2 , 609.8)
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