Express the confidence interval 0.75 ± 0.03 0.75 ± 0.03 in open interval form (i.e., (0.155,0.855)).
= ??
Solution :
Point estimate = = (Lower confidence interval + Upper confidence interval ) / 2
Point estimate = = 0.75
Margin of error = E = Upper confidence interval - = 0.03
In the form of :
- E < p < + E is,
0.75-0.03 < p <0.75+0.03
0.72< p < 0.78
(0.72 , 0.78)
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