Give the value of zα2 for a 94% confidence interval for a population proportion generated from a sample of size n = 125 with a sample proportion value of p¯ = 0.715.
Solution :
Given that,
Point estimate = sample proportion = = 0.715
1 - = 1- 0.715 =0.285
At 94% confidence level the z is ,
Z/2 = 1.881 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.881 (((0.715*0.285) /125 )
E = 0.076
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.715 - 0.076 < p < 0.715 +0.076
0.639< p < 0.791
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