Question

12. Considering the middle 95% of the data, what is

the margin of error for the simulation?
1
2
3
4
Mean = 0.247
S. D. = 0.062
88
--
0.10 0.14 0.18 0.22 0.26 0.30 0.34 0.38 0.42
0.247
0.062
0.494
0.124

Answer 1

Rounding to the appropriate number of decimal places, the margin of error for the simulation is approximately 0.013.

Explanation:

To calculate the margin of error for the simulation considering the middle 95% of the data, we need to use the standard deviation (S.D.) and the appropriate critical value for a 95% confidence interval.

Given:

Mean (μ) = 0.247

Standard Deviation (S.D.) = 0.062

The margin of error can be calculated using the formula:

Margin of Error = Critical Value * (S.D. / √n)

The critical value for a 95% confidence interval is 1.96 (assuming a large enough sample size).

Substituting the values into the formula:

Margin of Error = 1.96 * (0.062 / √88)

Calculating the margin of error:

Margin of Error = 1.96 * (0.062 / 9.3806)

Margin of Error ≈ 0.012987

Rounding to the appropriate number of decimal places, the margin of error for the simulation is approximately 0.013.

(I apologize if this is wrong, but the way that you put the question is was a little confnusing)

If you post it in a better format I can guarantee a correct answer