Construct a 90% confidence interval of the population proportion using the given information. x equals 240 comma n equals 300 The lower bound is nothing. The upper bound is nothing. (Round to three decimal places as needed.)
Solution :
Given that,
n = 300
x = 240
= x / n = 240 / 300 = 0.8
1 - = 1 - 0.8 = 0.2
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 * (((0.8 * 0.2) / 300) = 0.038
A 90 % confidence interval for population proportion p is ,
- E < P < + E
0.8 - 0.038 < p < 0.8 + 0.038
0.762 < p < 0.838
The 90% confidence interval for the population proportion p is : ( 0.762 , 0.838)
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