Determine the point estimate of the population proportion,the margin of error for the following confidence interval,and the number of individuals in the sample with the specified characteristic, x, for the sample size provided. Lower bound=0.691, upper bound=0.891, n=1000. The number of individuals in the sample with the specified characteristic is? Round to the nearest integer as needed
Solution
Given a confidence interval for the proportion is
Lower bound = 0.691
Upper bound = 0.891
i.e. interval is (0.691,0.891)
The confidence interval is nothing but
point estimate Margin of error
i.e. Lower bound = point estimate - Margin of error
and upper bound = point estimate + Margin of error
Solving these two equations,we get
point estimate =
=
= 0.791
And ,
Margin of error =
=
= 0.100
Now, n = 1000 given.
The number of individuals in the sample with the specified characteristic is n*point estimate of the population proportion
i.e. x = 1000 × 0.791
x = 791
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