Margin of Error Formula:
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The Margin of Error (MOE) is a statistic expressing the amount of random sampling error in a survey's results. It represents the radius of the confidence interval for a given statistic.
The calculator uses the Margin of Error formula:
Where:
Explanation: The formula calculates how much the sample results may differ from the true population value.
Details: The MOE helps determine the reliability of survey results. A smaller MOE indicates greater confidence that the sample results reflect the population.
Tips: Enter the z-score for your desired confidence level (e.g., 1.96 for 95% confidence), the sample proportion (as a decimal between 0 and 1), and the sample size (must be a positive integer).
Q1: What are common z-score values?
A: 1.645 for 90% confidence, 1.96 for 95% confidence, and 2.576 for 99% confidence.
Q2: What if I don't know the proportion?
A: Use 0.5 (50%) as this gives the maximum margin of error (most conservative estimate).
Q3: How does sample size affect MOE?
A: Larger sample sizes result in smaller margins of error, following the square root relationship.
Q4: When is this formula appropriate?
A: For simple random sampling with replacement, or when sampling without replacement from a large population.
Q5: What's the relationship between MOE and confidence interval?
A: The confidence interval is the sample statistic ± the margin of error.