Questions: Suppose another group collects a sample of 48 turtles and finds 24 of them are female. They simulate 30 samples of 48 turtles with a 0.5 probability of each being female and find the mean proportion to be 0.517 . What would be a reasonable estimate for the margin of error?
0.27
0.068
0.034
0.259
Transcript text: Suppose another group collects a sample of 48 turtles and finds 24 of them are female. They simulate 30 samples of 48 turtles with a 0.5 probability of each being female and find the mean proportion to be 0.517 . What would be a reasonable estimate for the margin of error?
0.27
0.068
0.034
0.259
Solution
Solution Steps
Step 1: Calculate the Standard Deviation
To estimate the margin of error, we first calculate the standard deviation of the sample proportion. The formula for the standard deviation \( \sigma \) of a proportion is given by: