Assume that a sample is used to estimate a population mean μ μ . Find the margin of error M.E. that corresponds to a sample of size 10 with a mean of 17.7 and a standard deviation of 17.6 at a confidence level of 99.8%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. =
Solution :
Given that,
= 17.7
s =17.6
n = Degrees of freedom = df = n - 1 =10 - 1 = 9
At 99.8% confidence level the t is ,
= 1 - 99.8% = 1 - 0.998 = 0.002
/
2= 0.001
t
/2,df = t0.001, 9 = 4.297 ( using student t
table)
Margin of error = E = t/2,df
* (s /
n)
= 4.297* ( 17.6/
10)
= 23.9
Margin of error = E =23.9
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