200 high school freshmen were randomly selected for a national survey. Among the survey participants, the mean grade-point average (GPA) was 2.7. If the data follows a normal distribution with a standard deviation of 0.4, what is the margin of error, assuming a 95% confidence level?
Solution :
Given that,
Point estimate = sample mean = = 2.7
Population standard deviation = = 0.4
Sample size n =200
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z / 2 = Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z/2 * (
/n)
= 1.96 * (0.4 / 200 )
=0.055
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