Margin of Error Formula:
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The Margin of Error (MOE) is a statistic expressing the amount of random sampling error in a survey's results. It represents the radius of the confidence interval for a given statistic and indicates how close the sample results are likely to be to the true population value.
The calculator uses the Margin of Error formula:
Where:
Explanation: The formula shows that margin of error decreases as sample size increases, and increases with greater variability in the population.
Details: Margin of error is crucial in survey research and statistical analysis as it provides a range within which the true population parameter is likely to fall. It helps assess the reliability and precision of survey results.
Tips: Enter the z-score (1.96 for 95% confidence), standard deviation, and sample size. All values must be valid (n > 0, sd ≥ 0).
Q1: What z-score should I use?
A: Common z-scores are 1.645 (90% confidence), 1.96 (95% confidence), and 2.576 (99% confidence).
Q2: What if I don't know the population standard deviation?
A: You can use the sample standard deviation as an estimate, or use 0.5 for maximum variability (conservative estimate).
Q3: How does sample size affect margin of error?
A: MOE decreases as sample size increases, but the relationship is not linear - doubling sample size reduces MOE by about 1/√2.
Q4: What's a good margin of error?
A: This depends on context. For political polling, 3-5% is typical. For scientific research, smaller margins are preferred.
Q5: Can margin of error be zero?
A: Only with a census (entire population surveyed) or if there's no variability in responses (sd=0).