Thanks but I took my last math class in 9th grade and never took algebra or any of that it gives me a headache looking at that but I’ll try or get my grandson to do it lolStandard Deviation, σ: 11.939849245279
Count, N: 5
Sum, Σx: 13514
Mean, μ: 2702.8
Variance, σ2: 142.56
Steps
σ2 =
Σ(xi - μ)2
N
=
(2699 - 2702.8)2 + ... + (2725 - 2702.8)2
5
=
712.8
5
= 142.56
σ = √142.56
= 11.939849245279
Margin of Error (Confidence Interval)
The sampling mean most likely follows a normal distribution. In this case, the standard error of the mean (SEM) can be calculated using the following equation:
σx̄ =
σ
√N
= 5.3396629107089
Based on the SEM, the following are the margins of error (or confidence intervals) at different confidence levels. Depending on the field of study, a confidence level of 95% (or statistical significance of 5%) is typically used for data representation.
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