Answer:
The margin of error is [tex]MOE = 9.68[/tex]
Step-by-step explanation:
From the question we are told that
The sample size is [tex]n= 16[/tex]
The standard deviation is [tex]\sigma = 15[/tex]
The confidence level is [tex]C = 99[/tex]%
Generally the level of significance is mathematically evaluated as
[tex]\alpha = 100 - C[/tex]
[tex]\alpha = 100 - 99[/tex]
[tex]\alpha = 1%[/tex]%
[tex]\alpha = 0.01[/tex]
The critical value of [tex]\frac{\alpha }{2}[/tex] obtained from the normal distribution table is
[tex]Z_{\frac{\alpha }{2} } = 2.58[/tex]
The reason obtaining the critical value of [tex]\frac{\alpha }{2}[/tex] instead of [tex]\alpha[/tex] is because we are considering the two tails of the area normal distribution curve which is not inside the 99% confidence interval
Now the margin of error is evaluated as
[tex]MOE = Z_{\frac{\alpha }{2} } * \frac{\sigma}{\sqrt{n} }[/tex]
substituting values
[tex]MOE = 2.58 * \frac{15}{\sqrt{16} }[/tex]
[tex]MOE = 9.68[/tex]