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How do we determine the margin of error(MOE) surrounding a sample statistic?

User Erdal
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Final answer:

To determine the margin of error (MOE) surrounding a sample statistic, use the formula: MOE = z * (standard deviation / square root of sample size), where z is the z-score associated with the desired level of confidence.

Step-by-step explanation:

The margin of error (MOE) surrounding a sample statistic is determined by various factors such as the desired level of confidence and the sample size.

To determine the MOE, you can use the formula: MOE = z * (standard deviation / square root of sample size), where z is the z-score associated with the desired level of confidence.

For example, if you have a sample of 100 with a standard deviation of 10 and you want a 95% confidence level (which corresponds to a z-score of 1.96), the MOE would be: MOE = 1.96 * (10 / sqrt(100)) = 1.96 * 1 = 1.96.

User Rochadsouza
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