EXAMPLE 10 Finding the margin of error, given the lower and upper bounds
Figure 8 shows the results for a 95% confidence interval for , where represents the population mean score on the SAT Math test. Do the following:
Solution
The TI-83/84 output gives us the following confidence interval:
We interpret this confidence interval as follows: We are 95% confident that the population mean score on the SAT Math test lies between 482.28 and 537.72.
440
Here, we show how to calculate the margin of error, given the lower bound and upper bound of the confidence interval. The confidence interval from (a) is illustrated in Figure 9.
Now, the width of the margin of error is:
In Figure 9, the width of our confidence interval is:
Then, the margin of error is half this width, as shown in Figure 9. This gives us a margin of error of
NOW YOU CAN DO
Exercises 43–46.