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An 80% confidence interval is found to be (200,240). What is the margin of error? O A. 32 O B. 20 O C. 40 O D. 16 SUBMIT​

Please HelpAn 80 Confidence Interval Is Found To Be 200240 What Is The Margin Of Error O A 32 O B 20 O C 40 O D 16 SUBMIT class=

Sagot :

Answer:

The margin of error is of 20, option B.

Step-by-step explanation:

Confidence interval concepts:

A confidence interval has two bounds, a lower bound and an upper bound.

A confidence interval is symmetric, which means that the point estimate used is the mid point between these two bounds, that is, the mean of the two bounds.

The margin of error is the subtraction between the bounds, divided by 2.

In this question:

Lower bound: 200

Upper bound: 240

Margin of error:

(240 - 200)/2 = 40/2 = 20

The margin of error is of 20, option B.

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