QuestionQUESTION 12 Provide an appropriate response. Find the value of , the margin of error, for and . 0.68 2.14 1.62 2.12
Studdy Solution
STEP 1
What is this asking? We need to find the margin of error *E* for a 90% confidence level with a sample size of 10 and a sample standard deviation of 3.7. Watch out! Don't forget to use the *t*-distribution since the sample size is small and we're using the sample standard deviation!
STEP 2
1. Find the critical value.
2. Calculate the margin of error.
STEP 3
Alright, so we're dealing with a **90% confidence level**, which means we want to find the *t*-value that leaves **5%** in each tail of the distribution.
Why each tail?
Because , and we split that evenly between the two tails.
STEP 4
Our **sample size** is \(n = 10\), so our **degrees of freedom** are \(n - 1 = 10 - 1 = 9\).
We'll use this and our tail percentage to look up our critical *t*-value.
STEP 5
Checking our *t*-table for 9 degrees of freedom and a 0.05 tail probability, we find our **critical *t*-value** is \(t_{0.05,9} = 1.833\).
Boom!
STEP 6
Now, it's time to plug everything into the **margin of error formula** for a *t*-distribution: Where *E* is the margin of error, is our critical *t*-value, *s* is the sample standard deviation, and *n* is the sample size.
STEP 7
Let's substitute our **values**: , , and .
STEP 8
Time to **crunch the numbers**:
STEP 9
Our margin of error, *E*, is approximately **2.14**.
So the correct answer choice is 2.14.
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