Try it on paper first. A hint, the key idea and the worked solution are here when you need them.
A made-up survey of adults finds that a share of recycle glass every week. Find the standard error. Find the margin of error at the level and at the level, to four decimal places. Find how many times wider the 99% interval is.
In the long run, of the intervals made this way catch the true value. Multipliers: , and for , and . For a large sample, the interval for a mean is .
Have you tried it?
Work it out on paper first. It is fine to get stuck or make a mistake: that is how we learn. When you are ready, go through the solution one step at a time, and check each step against your own.
Step 1. .
Step 2. At : .
Step 3. At : .
Step 4. .
Answer: , , and about times.
What it means. The extra confidence costs a wider interval, about a third wider, with the same data.
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