Margin of Error Formula:
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The Margin of Error (MOE) represents the range of values above and below the sample proportion in a confidence interval. It quantifies the uncertainty in survey results and helps determine how closely the sample results reflect the true population values.
The calculator uses the Margin of Error formula:
Where:
Explanation: The formula calculates the margin of error as a percentage, accounting for sample size, proportion, and the desired confidence level through the z-score.
Details: Calculating margin of error is essential for determining the reliability of survey results, establishing confidence intervals, and making informed decisions based on sample data with known precision.
Tips: Enter the z-score corresponding to your desired confidence level (e.g., 1.96 for 95% confidence), the sample proportion (between 0 and 1), and the sample size. All values must be valid (n > 0, 0 ≤ p ≤ 1).
Q1: What are common z-score values?
A: Common z-scores: 1.645 (90% confidence), 1.96 (95% confidence), 2.576 (99% confidence).
Q2: How does sample size affect margin of error?
A: Larger sample sizes result in smaller margins of error, providing more precise estimates of population parameters.
Q3: What if I don't know the proportion?
A: When the proportion is unknown, use p = 0.5 as this maximizes the margin of error and provides the most conservative estimate.
Q4: Can margin of error be negative?
A: No, margin of error is always expressed as a positive percentage representing the range around the sample estimate.
Q5: How is margin of error used in reporting results?
A: Results are typically reported as "X% ± Y%" where Y is the margin of error, indicating the range within which the true population value likely falls.