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Hi,
I have two values with an error each (SD or S.E.M), and I need to find the ratio with an error.
E.g.
x = 200,000 - 6000 (S.E.M)
y = 50,000 - 1000 (S.E.M)
I need to find x/y so it would be 4 but how would I calculate the error?
Things I've tried:
Error(x)/x = 0.03
Error(y)/y = 0.02
Pooled S.E.M = Sqrt((0.03^2) (0.02^2)) = 0.036
0.036 is the ratio of the error so 0.036*4 = 0.144
So x/y = 4 - 0.144
Alternatively:
Max difference = (x error(x)) / (y-error(y))
= (200,000 6,000) / (50,000-1,000)
= 4.204
So x/y = 4 - (4.204-4)
= 4 - 0.204
Are either of these correct?
Any help at all would be greatly appreciated, cheers.
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