Assume that a sample is used to estimate a population mean . Find the margin of error M.E. that corresponds to a sample of size 22 with a mean of 49.8 and a standard deviation of 5.6 at a confidence level of 90%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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**Example: Calculating the Margin of Error**

**Problem:**  
Assume that a sample is used to estimate a population mean \( \mu \). Find the margin of error \( M.E. \) that corresponds to a sample of size 22 with a mean of 49.8 and a standard deviation of 5.6 at a confidence level of 90%.

**Instructions:**  
Report \( M.E. \) accurate to one decimal place because the sample statistics are presented with this accuracy.

**Calculation:**  
\[ M.E. = \] [Input Box]

**Note:**  
The answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.

For educational purposes, the formula for \( M.E. \) using the appropriate critical value for a 90% confidence interval should be used:

\[ M.E. = t^* \times \left(\frac{s}{\sqrt{n}}\right) \]

where:
- \( t^* \) is the critical value from the t-distribution table
- \( s \) is the sample standard deviation
- \( n \) is the sample size
Transcribed Image Text:**Example: Calculating the Margin of Error** **Problem:** Assume that a sample is used to estimate a population mean \( \mu \). Find the margin of error \( M.E. \) that corresponds to a sample of size 22 with a mean of 49.8 and a standard deviation of 5.6 at a confidence level of 90%. **Instructions:** Report \( M.E. \) accurate to one decimal place because the sample statistics are presented with this accuracy. **Calculation:** \[ M.E. = \] [Input Box] **Note:** The answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places. For educational purposes, the formula for \( M.E. \) using the appropriate critical value for a 90% confidence interval should be used: \[ M.E. = t^* \times \left(\frac{s}{\sqrt{n}}\right) \] where: - \( t^* \) is the critical value from the t-distribution table - \( s \) is the sample standard deviation - \( n \) is the sample size
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