Find the margin of error for the given confidence level and values of x and n. x=79, n=187, 98% confidence level
Solution :
Given that,
Point estimate = sample proportion =
= x / n = 79 / 187 = 0.422
1 -
= 1 - 0.422 = 0.578
Z/2
= 2.326
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.326 * (((0.422
* 0.578) / 187)
Margin of error = E = 0.084
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