What is the margin of error


Car manufacturers advertise gas consumption for new cars. Standards require mileage estimates to be within a plus or minus .5 of the actual average with a 99% confidence level. A new model gets between 13 and 29 MPG. What is the margin of error?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: What is the margin of error
Reference No:- TGS0682998

Now Priced at $5 (50% Discount)

Recommended (96%)

Rated (4.8/5)