Problem

Find the margin of error $E$ in finding the mean if $c=0.97$, $\sigma=3.8$, and $n=49$.

Solution

Step 1 :We are given that the confidence level $c=0.97$, the standard deviation of the population $\sigma=3.8$, and the size of the sample $n=49$.

Step 2 :We need to find the z-score $Z_c$ corresponding to the confidence level $c=0.97$. This can be found using a z-table or a statistical calculator. In this case, $Z_c = 2.17009037758456$.

Step 3 :The margin of error in finding the mean can be calculated using the formula: $E = Z_c * \frac{\sigma}{\sqrt{n}}$.

Step 4 :Substituting the given values into the formula, we get $E = 2.17009037758456 * \frac{3.8}{\sqrt{49}}$.

Step 5 :Solving the above expression, we get $E = 1.1780490621173325$.

Step 6 :Rounding to three decimal places, the margin of error $E$ in finding the mean is approximately \(\boxed{1.178}\).

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Source: https://solvelyapp.com/problems/19529/

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