QUESTION 9
In a survey of 1000 people, 700 people said that they voted in the last presidential election. Let p denote the proportion of all people who voted. Find a point estimate for p and also construct a 90% confidence interval for p.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 700 / 1000 = 0.7
1 - = 1 - 0.7 = 0.3
Z/2 = Z0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 (((0.7 * 0.3) / 1000)
= 0.024
A 90% confidence interval for population proportion p is ,
± E
0.7 ± 0.024
(0.676 , 0.724)
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