Suppose we do not know the population standard deviation. What is the margin of error when the standard error is 4, and the confidence coefficient is .98 and we are working with a sample of 35 observations?
here for (0.98 confidence interval and (n-1=34 )degree of freedom; critial t =2.441
therefore margin of error =t*Std error =4*2.441=9.764
Suppose we do not know the population standard deviation. What is the margin of error when...
Problem 6. Suppose that we know that the population standard deviation σ = 5. Then for a 90% confidence interval, how large should a sample be to estimate the population mean μ with a margin of error not exceeding 0.5?
What is the margin of error when the sample standard deviation is 10, the sample size is 16, and the confidence coefficient is .9? Answer to four decimal places.
What happens when we do not know the standard deviation of a population? What is the impact on the formula? why?
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