Find The Margin Of Error Calculator
Contents |
• Marketing - All rights reserved © 2005 Website creation by SLA-M MULTIMEDIA and 01COM GROUPE CONSEIL.
Electrical Calculators Digital Computations Mechanical Calculators Environmental Calculators Finance Calculators All Finance Categories Mortgage Calculators Loan Calculators Interest Calculators Investment Calculators Credit & Debt Calculators Profit & Loss Calculators Tax Calculators Insurance Calculators Financial Ratios Finance Chart margin of error calculator sample size Currency Converter Math Tables Multiplication Division Addition Worksheets @: Math calculators»Statistics Random margin of error sample size Sampling Error Calculator, Formula, Example Calculation Margin of Error (ME) Calculator Sample Size (n) Probability (p) Population size(N) Result: Margin population size calculator of Error % Margin of Error (ME) Calculator - step by step calculation, formula & solved example problems online to determine the amount of random sampling error in experiments or survey results, http://www.scor.qc.ca/en_calculez_5.html from the input values of sample size, probability & population size. In statistics & probability, the larger & lower ME provides lower & higher confidence intervals. Margin of Error & its Formula It's a widespread abstract of sampling error, which measures an uncertainty about an experiment or test result. Generally, margin of error (ME) is 1.96 times of Standard Error. The standard error calculation can http://ncalculators.com/statistics/margin-of-error-calculator.htm be done by the mathematical formula SE = (√((p(1-p)/n) )). Therefore ME = 1.96 x √((p(1-p)/n) ). 1.96 is the z-score for 95% confidence (commonly used), 1.64 is the z-score for 90% confidence level and 2.58 is the z-score for 99% confidence level. Margin of error arises whenever a population is incompletely sampled. The higher value provides lower confidence interval & the lower value provides higher confidence interval. The below mathematical formula is used in this calculator to determine the uncertainty of an experiment result based on the input values of sample size n, probability p & population size N.
Solved Example The below solved example may be useful to understand how the values are being used in the mathematical formulas to estimate the margin of error in statistical & probability experiment or survey results. The z-score 1.96 is commonly used value in this formula and it may gets changed sometimes based on the other confidence levels 90% & 99%, so please carefully select the z-score for the expected confidence level. Example Problem : Estimate the margin of error (ME) for the experiment having the probability expectation p = 0.3, cWorkSocial MediaSoftwareProgrammingWeb Design & DevelopmentBusinessCareersComputers Online Courses B2B Solutions Shop for Books San Francisco, CA Brr, it´s cold outside Search Submit Learn more with dummies Enter your email to http://www.dummies.com/education/math/statistics/how-to-calculate-the-margin-of-error-for-a-sample-proportion/ join our mailing list for FREE content right to your inbox. Easy! Your email Submit RELATED ARTICLES How to Calculate the Margin of Error for a Sample… Statistics Essentials For Dummies Statistics For Dummies, 2nd Edition SPSS Statistics for Dummies, 3rd Edition Statistics II for Dummies Load more EducationMathStatisticsHow to Calculate the margin of Margin of Error for a Sample Proportion How to Calculate the Margin of Error for a Sample Proportion Related Book Statistics For Dummies, 2nd Edition By Deborah J. Rumsey When you report the results of a statistical survey, you need to include the margin of error. The general formula for the margin margin of error of error for a sample proportion (if certain conditions are met) is where is the sample proportion, n is the sample size, and z* is the appropriate z*-value for your desired level of confidence (from the following table). z*-Values for Selected (Percentage) Confidence Levels Percentage Confidence z*-Value 80 1.28 90 1.645 95 1.96 98 2.33 99 2.58 Note that these values are taken from the standard normal (Z-) distribution. The area between each z* value and the negative of that z* value is the confidence percentage (approximately). For example, the area between z*=1.28 and z=-1.28 is approximately 0.80. Hence this chart can be expanded to other confidence percentages as well. The chart shows only the confidence percentages most commonly used. Here are the steps for calculating the margin of error for a sample proportion: Find the sample size, n, and the sample proportion. The sample proportion is the number in the sample with the