Find the margin of error for sample sizes

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Reference no: EM131424004

Sample size and margin of error. The margin of error for a confidence interval depends on the confidence level, the standard deviation, and the sample size. Fix the confidence level at 95% and the standard deviation at 1 to examine the effect of the sample size.

Find the margin of error for sample sizes of 5 to 100 by increments of 5-that is, let n = 5, 10, 15,..., 100. Plot the margins of error versus the sample sizes and summarize the relationship.

Reference no: EM131424004

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