Answer:
a) The Margin of Error = 0.26
b) The 99% Confidence Interval = ( 2.84, 3.36)
Explanation:
a) Margin of Error
The formula for Margin of Error =
z × Standard deviation/√n
From the above question
The z score for 99% confidence interval = 2.576
Standard deviation = 0.72
n = Random number of samples = 50
Margin of Error =
2.576 × 0.72/√50
= 1.85472 /√(50)
= 0.2622970178
Approximately to 2 decimal places = 0.26
b) 99% Confidence Interval
= Mean ± Margin of Error
Mean = 3.1mm
Confidence Interval = 3.1 ± 0.26
3.1 ± 0.26
= 2.84
3.1 + 0.26
= 3.36
The 99% Confidence Interval = ( 2.84, 3.36)