Ci Interval Calculator
Margin of error
1.959964
Confidence Interval Calculator
Lower limit
48.040036
Upper limit
51.959964
Point estimate
50
Standard error
1
Critical value
1.959964
Confidence level
95 %
Alpha (1 - confidence)
0.05
Width of the interval
3.919928
Finite population correction
1
Interval
(48.040036, 51.959964)
Method
z interval for a mean with a known population standard deviation
Worked out from NIST/SEMATECH e-Handbook of Statistical Methods, 1.3.5.2 Confidence Limits for the Mean and 4 other sources.
A confidence interval only describes sampling error under its stated model. It says nothing about bias, non-response or measurement error, and the Bayesian mode is only as defensible as the prior you enter.
How this is worked out
4 steps
- Standard error = 10 / sqrt(100) = 1.
- The 97.5th percentile of the standard normal distribution is 1.9599639845.
- Margin of error = 1.9599639845 x 1 = 1.9599639845.
- Interval = 50 +/- 1.9599639845 = (48.04003602, 51.95996398).
Results are general information, not financial, tax, legal, medical or engineering advice.