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A random sample of 49 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 210. There are 48 degrees of freedom. Find the margin of error at 95% confidence.
A. 2.011
B. 8.617
C. 50.317
D. 60.319
Solution :
Given that,
Point estimate = sample mean = = 1400
sample standard deviation = s = 210
sample size = n = 49
Degrees of freedom = df = 48
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
t/2,df
= t0.025,48 = 2.01063
Margin of error = E = t/2,df * (s /n)
E = 2.01063 * (210 / 49)
E = 60.3189
E = 60.319
Margin of error is 60.319
Correct option :- D. 60.319
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