Presentation Transcript
Margin of Error :Margin of Error & Confidence Intervals
headlessprofessor
When this applies :When this applies A sample is being used to estimate a population mean
What it tells you :What it tells you How far off your estimate is likely to be
What you need :What you need Sample size = N
What you need :What you need Sample size = N
Sample mean
What you need :What you need Sample mean & N
Standard deviation
What you need :What you need Sample mean & N
Standard deviation
Z score for level of confidence
What you need :What you need Sample mean & N
Standard deviation
Z score for level of confidence (z = 1.96)
How to Calculate :How to Calculate Standard Deviation
Divided by Square Root
Of Sample Size
How to Calculate :How to Calculate Standard Deviation
Divided by Square Root
Of Sample Size
(standard error)
How to Calculate :How to Calculate Margin of Error =
Standard Error times Z score
Example :Example N = 49
Mean = 78
Std Dev = 5
Z score = 1.96
How to Calculate :How to Calculate Square root of sample size
= Square root of 49
= 7
How to Calculate :How to Calculate Standard deviation divided by square root of sample size
5 / 7
How to Calculate :How to Calculate Standard deviation divided by square root of sample size
5 / 7 =
0.714
How to Calculate :How to Calculate Standard deviation divided by square root of sample size
5 / 7 = 0.714
Standard Error
How to Calculate :How to Calculate Standard deviation divided by square root of sample size
5 / 7 = 0.714
Standard Error
How to Calculate :How to Calculate Margin of Error =
Std Error X Z
0.714 X 1.96
How to Calculate :How to Calculate Margin of Error =
Std Error X Z
0.714 X 1.96
= 1.40
What this means :What this means Margin of Error:
95% of the time, the population mean will be within 1.40 of the mean
Confidence Interval :Confidence Interval The range of scores from mean – ME to
mean + ME
Example of Confidence Interval :Example of Confidence Interval The range of scores from 78 – 1.40 to
78 + 1.40
Example of Confidence Interval :Example of Confidence Interval The range of scores from
– 1.40 to 78 + 1.40
76.6 to 79.4
To get narrower :To get narrower Have a lower standard deviation
To get narrower :To get narrower Have a lower standard deviation
Accept a lower level of confidence (e.g., .90 instead of .95)
To get narrower :To get narrower Have a lower standard deviation
Accept a lower level of confidence (e.g., .90 instead of .95)
Use a larger sample size N
To get a better level of confidence :To get a better level of confidence Have a lower standard deviation
To get a better level of confidence :To get a better level of confidence Have a lower standard deviation
Accept a broader confidence interval
To get a better level of confidence :To get a better level of confidence Have a lower standard deviation
Accept a broader confidence interval
Use a larger sample size
Use T instead of Z :Use T instead of Z When population SD is not known
Use T instead of Z :Use T instead of Z When population SD is not known
Use df = N - 1
Margin of Error :Margin of Error & Confidence Intervals
headlessprofessor