Suppose the population standard deviation is σ = 5 , an SRS of n = 100 is obtained, and the confidence level is chosen to be 98%. The margin of error for estimating a mean μ is given by: 1.165. 0.1228. 1.228. 0.1165.

Respuesta :

Answer:

1.165.

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1-0.98}{2} = 0.01[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].

So it is z with a pvalue of [tex]1-0.01 = 0.99[/tex], so [tex]z = 2.33[/tex]

Now, find the margin of error M as such

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

In this problem, we have that:

[tex]\sigma = 5, n = 100[/tex]. So

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

[tex]M = 2.33*\frac{5}{\sqrt{100}} = 1.165[/tex]

So the correct answer is:

1.165.

Q&A Education