Out of 400 people sampled, 64 preferred Candidate A. Based on this, you will estimate what proportion of the voting population ( p p ) prefers Candidate A. Use technology to find a 95% confidence level, and give your answers as decimals, to four places. [,]
Out of 400 people sampled, 64 preferred Candidate A. Based on this, you will estimate what proportion of the voting population prefers Candidate A.
Solution::
The favourable cases are 64 and sample size is 400
i.e, X=64 and N=400
The proportion of the voting population prefers Candidate A is given by
Now we will find 95% confidence interval for population proportion.
Cl=confidence interval
The formula for confidence interval for population proportion is given by
Here, the are given by
[ round to 4-decimal place]
The 95% confidence interval for population proportion is (0.1241,0.1959)
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