Step 1 :Given values are $z^{*}=1.39, \sigma_{1}=0.75, \sigma_{2}=0.71, n_{1}=15$, and $n_{2}=42$
Step 2 :Substitute the given values into the expression $E=z^{*} \sqrt{\frac{\sigma_{1}^{2}}{n_{1}}+\frac{\sigma_{2}^{2}}{n_{2}}}$
Step 3 :After calculation, we get $E=0.30926291442411136$
Step 4 :Rounding to two decimal places, we get the final answer as $E=\boxed{0.31}$