algebra: find margin of error

pboland

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Feb 7, 2006
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41
In an international survey with 4,561 respondents, 46% said that 'coaching or mentoring' has a great impact on career sucess. Find the margin of error of the survey.
M=1.96 sqrt p (1-p) / N
M=1.96 sqrt. .46 (1 - .46) / 4561
M= 1.96 sqrt. .46 (.54) / 4561
M = 1.96 sqrt. 0.248 / 4561
M = 1.96 (.007)
M=0.14
M = 1.4% margin of error
 
Personally, I'd round UP. 0.014464447 ==> 0.015

You may wish to fix your typo. That second to last one looks like 14%.
 
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