Construct a 99% confidence interval to estimate the population proportion with a sample proportion equal to 0.35 and a sample size equal to 120. round to three decimlae places as needed.
Solution :
Given that,
n = 120
= 0.35
1 - = 1 - 0.35 = 0.65
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Margin of error = E = Z / 2 * [( * (1 - )] / n)
= 2.576* ([(0.35 * 0.65)] / 120)
= 0.112
A 99% confidence interval for population proportion p is ,
- E < P < + E
0.35 - 0.112 < p < 0.35 + 0.112
0.238 < p < 0.462
(0.238, 0.462)
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