4. Find a 95% confidence interval for the true proportion of all Alabamians favoring the new law. A sample of four hundred (400) Alabamians found that two-hundred thirty-five (235) of them favored the new law. Please write the final answer in interval notation.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 235 / 400 = 0.588
1 - = 1 - 0.588 = 0.412
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.588 * 0.412) / 400)
= 0.048
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.588 - 0.048 < p < 0.588 + 0.048
(0.540 < p < 0.636)
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