Assume that a sample is used to estimate a population proportion p. Find the 99% confidence interval for a sample of size 321 with 230 successes. Enter your answer as an open-interval (i.e., parentheses) using decimals (not percents) accurate to three decimal places. C.I. =
Solution :
Given that,
Point estimate = sample proportion = = x / n = 230 / 321 = 0.717
1 - = 1 - 0.717 = 0.283
Z/2 = 2.576
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576 * (((0.717 * 0.283) / 321)
Margin of error = E = 0.065
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.717 - 0.065 < p < 0.717 + 0.065
0.652 < p < 0.782
99% C. I. = (0.652 , 0.782)
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