To be on the safe side, 4000 voters were surveyed and 1300 were in favor of gambling on sporting events. Give a 99% confidence interval for the tur proportion of voters in favor of sports gabling
Sample proportion = 1300 / 4000 = 0.325
99% confidence interval for p is
- Z * sqrt( ( 1 - ) / n) < p < + Z * sqrt( ( 1 - ) / n)
0.325 - 2.576 * sqrt( 0.325 * 0.675 / 4000) < p < 0.325 + 2.576 * sqrt( 0.325 * 0.675 / 4000)
0.306 < p < 0.244
99% CI is ( 0.306 , 0.244 )
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