A survey of 400 women shoppers found that 21% of them shop on impulse. Find the 99% confidence interval for the true proportion of women shoppers who shop on impulse
Solution :
Given that,
Point estimate = sample proportion = = 0.21
Z/2 = 2.576
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576* (((0.21 * 0.79) / 400)
= 0.052
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.21 - 0.052 < p < 0.21 + 0.052
0.158 < p < 0.262
(0.158 , 0.262)
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