A sample of heights of 115 American men yield a sample average of 58.67 inches. What would be the margin of error for a 99.74% CI of the average height of all such men if the population deviation is 2.9 inches? Round to the nearest hundredth
Solution :
Given that,
Point estimate = sample mean =
= 58.67
Population standard deviation =
= 2.9
Sample size = n =115
At 99.74% confidence level the z is ,
= 1 - 98% = 1 - 0.9974 = 0.0026
/ 2 = 0.0026/ 2 = 0.0013
Z/2 = Z0.0013 =3.01 ( Using z table )
Margin of error = E = Z/2
* (
/n)
= 3.01 * ( 2.9 / 115
)
E= 0.81
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