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A laboratory tested n = 98 chicken eggs and found that the mean amount of cholesterol was LaTeX: \bar{x}x ¯ = 86 milligrams with σ = 7 milligrams. Find the margin of error E corresponding to a 95% confidence interval for the true mean cholesterol content, μ, of all such eggs.

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Answer:

1.3859

Explanation:

The formula for Margin of Error is given as:

Margin of Error = Critical value × Standard Error

Critical value = z score

In the question, we are given a confidence interval of 95%.

Z score for a 95% confidence level is given as: 1.96

Hence, critical value = 1.96

Standard Error = σ / √n

Where n = number of samples = 98 chicken eggs

σ = Standard deviation = 7 milligrams

Standard Error = 7/√98

Standard Error = 0.7071067812

Hence, Margin of Error = Critical value × Standard Error

Margin of Error = 1.96 × 0.7071067812

Margin of Error = 1.3859292911

Therefore, the margin of error corresponding to a 95% confidence interval for the true mean cholesterol content, μ, of all such eggs is approximately 1.3859

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