Assume that a sample is used to estimate a population proportion p. Find the 80% confidence interval for a sample of size 304 with 100 successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 100 / 304 = 0.329
1 - = 1 - 0.329 = 0.671
Z/2 = 1.28
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.28 * (((0.329 * 0.671) / 304)
Margin of error = E = 0.034
A 80% confidence interval for population proportion p is ,
- E < p < + E
0.329 - 0.034 < p < 0.329 + 0.034
0.295 < p < 0.363
The 80% confidence interval for the population proportion p is : 0.295 , 0.363
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