A random sample of 80 Mizzou students showed that 20 had driven a car during the day before the survey was conducted. Suppose that we are interested in forming a 68 percent confidence interval for the proportion of all Mizzou students who drove a car the day before the survey was conducted. Where appropriate, express your answer as a proportion (not a percentage). Round answers to three decimal places.
(a) The estimate is: .
(b) The standard error is:
(c) The multiplier is:
Solution :
Given that,
n = 80
x = 20
(a)
= x / n = 20 / 80 = 0.250
1 - = 1 - 0.250 = 0.750
(b)
Standard error = (( * (1 - )) / n)
= (0.25 * 0.75) / 80
= 0.048
Standard error = 0.048
(c)
At 68% confidence level the z is ,
= 1 - 68% = 1 - 0.68 = 0.32
/ 2 = 0.32 / 2 = 0.16
Z/2 = Z0.16 = 0.99
Multiplier = 0.99
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