What This Tool Does
This calculator estimates margin of error, the uncertainty range around a sample estimate at a chosen confidence level. It supports two workflows: proportion estimates (polling, conversion rates, yes/no outcomes) and mean estimates (continuous measurements such as score or time). Margin of error is central to interpreting whether differences are likely meaningful or likely due to sampling variation.
Formulas Used
For Proportions
ME = z × √(p(1−p)/n)
- p: estimated proportion (decimal)
- n: sample size
- z: critical value for confidence level
For Means
ME = z × (σ/√n)
- σ: estimated standard deviation
- n: sample size
Finite Population Correction (optional)
When population size N is limited and sample size n is substantial, adjusted margin is: ME_adj = ME × √((N−n)/(N−1)).
Worked Example
Suppose a proportion estimate uses n = 400, p = 0.50, and 95% confidence (z = 1.96):
- ME = 1.96 × √(0.5 × 0.5 / 400)
- ME = 1.96 × 0.025 = 0.049
- Margin of error ≈ ±4.9%
How to Read the Result
- If estimate = 52% and ME = ±4.9%, confidence interval is approximately 47.1% to 56.9%.
- Narrower margins mean higher precision and usually require larger sample sizes.
- Margin of error reflects random sampling uncertainty, not systematic bias.
Sources and References
- Cochran, W. G. Sampling Techniques.
- NIST/SEMATECH e-Handbook of Statistical Methods — Confidence Intervals.
- Lohr, S. Sampling: Design and Analysis.