Margin of error


A simple random sample of 40 items resulted in a sample mean of 25. The population standard deviation is 5.

a. What is the standard error of the mean (to 2 decimals)?

b. At 95% confidence, what is the margin of error (to 2 decimals)?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Margin of error
Reference No:- TGS0680867

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)