Q 8.59 - Elementary Statistics

Question

The margin of error can be determined if you know only the confidence level, population standard deviation, and sample size.

Step-by-Step Solution

Answer

The given statement is True.

Step 1: Given Information

Confidence level, population standard deviation and sample size is known to us.

Step 2: Explanation

Mathematically, margin of error is calculated as:

$E=z_{\frac{\alpha }{2}}\left(\frac{\sigma }{\sqrt{n}}\right)$

$\sigma$ is population standard deviation.

$n$ is sample size.

Hence, the given statement is True.