Margin of error formula: ME = z * (Sigma) / √ n z = 1.96 for a 95 % confidence interval; Sigma = 3 ( the population standard deviation ) n = 500 ME = 1.96 * 3 / √500 = = 1.96 * 3 / 22.36 = = 5.88 / 22.36 = 0.263 Answer: The margin error for a 95% confidence interval is 0.263.