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 18 with a mean of 82.7 and a standard deviation of 21.7 at a confidence level of 99%. 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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
## Estimating a Population Mean with Margin of Error

**Problem Description:**

Assume that a sample is used to estimate a population mean (μ). Find the margin of error (M.E.) that corresponds to a sample size of 18 with a mean of 82.7 and a standard deviation of 21.7 at a confidence level of 99%.

**Instructions:**

- Report M.E. accurate to one decimal place because the sample statistics are presented with this accuracy.
  
  \( \text{M.E.} = \) [Input box]

**Important Notes:**

- The answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Transcribed Image Text:## Estimating a Population Mean with Margin of Error **Problem Description:** Assume that a sample is used to estimate a population mean (μ). Find the margin of error (M.E.) that corresponds to a sample size of 18 with a mean of 82.7 and a standard deviation of 21.7 at a confidence level of 99%. **Instructions:** - Report M.E. accurate to one decimal place because the sample statistics are presented with this accuracy. \( \text{M.E.} = \) [Input box] **Important Notes:** - The answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman