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    Sampling Error Analysis - M&Ms

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    I have an assignment in which I am to calculate the sampling error from a bag of M & M's.
    the directions were to go buy a bag of M & M's from the store and count the colors. The go to M & M's web site and get the % counts of each color.

    Compare your counts (%) to those of the M & M web site.

    Calculate your sampling error as a plus (+/-) or minus percentage for each color.

    I calculated it this way but am wondering if I should have used the formula in the lower half. I would like to see an example of this formula using my figures so I can see how to plug the numbers in. I want to be compete in this assignment before i go to teacher to see which formula is correct one.

    Total pieces was 57

    Color Website Count (%) M&M Count (%) Sampling Error +/-
    Blue 23.2% 24% -.8%
    Red 10.7% 13% -2.3%
    Yellow 12.5% 14% -1.5%
    Orange 17.9% 20% -2.1%
    Green 17.9% 16% 1.9%
    Brown 17.9% 13% 4.9%

    Sampling Error is calculated by using the formula

    Sampling Error = Statistic - Parameter

    In this case Statistic is sample proportion for each color and Parameter is proportion for each color from website.

    Or

    should it be calculated this way ( please use this formula and calculate sampling error for the different colors of M & M's.

    The relationship between sampling error, a percentage measure and a
    sample size can be expressed as a formula.

    e = z (square root of) p%(100-p%))
    ----------------------------------------------
    square root (s)

    Where:

    e = sampling error (the proportion of error we are prepared to accept)

    s = the sample size

    z = the number relating to the degree of confidence you wish to have in the result

    p = an estimate of the proportion of people falling into the group in which you are interested in the population

    © BrainMass Inc. brainmass.com June 3, 2020, 9:08 pm ad1c9bdddf
    https://brainmass.com/statistics/data-collection/sampling-error-analysis-m-ms-167443

    Solution Summary

    Sampling error analysis for M&Ms is discussed. The solution compares your count percents to those of the M&M website.

    $2.19

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