Margin of Error Example Worksheet

The margin of error is a common summary of sampling error, which quantifies uncertainty about a survey result and can be easily determined from the amount of random sampling error in a survey's results. This worksheet help you to understand how to compute finite population Margin of Error. The formula used to calculate finite population Margin of Error is,
MOE = (1.96) √[(N-n)/(N-1)]x √[p(1-p)/n]

Margin of Error Example:
Calculate the finite population Margin of Error whose n = 3, p = 0.2, N = 5.
Substitute these values in the above formula,
MOE = (1.96) √[(N-n)/(N-1)]x √[p(1-p)/n]
= (1.96) √[(5-3)/(5-1)] x √[0.2x(1-0.2)/3]
= 1.96x0.707x0.23094
= 0.32007
Multiple the above answer by 100 to convert it into percentage.
MOE = 32.007%

When you try such calculations on your own, this margin of error calculator can be used to verify your results of calculations.


Similar Worksheets  Math Worksheet to find n Factorial value
 Worksheet for how to calculate Class Interval Arithmetic Mean
 Worksheet for Skewness Calculation
 Worksheet for Decimal to Binary Conversion
 Worksheet for Complex Number Multiplication
 Worksheet to Calculate Triangle Area
 Worksheet for Vector Cross product Calculation
 Worksheet for Vector Subtraction
 Pythagorean Theorem Worksheet
 Slope Intercept Form Worksheet

  Probability  
Math Worksheets