Assume that a sample is used to estimate a population proportion p. Find the 80% confidence interval for a sample of size 276 with 43.8% successes. Enter your answer as an open-interval (i.e., parentheses) using decimals (not percents) accurate to three decimal places. 80% C.I. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Solution :
Given that,
Point estimate = sample proportion = = 0.438
1 - = 1 - 0.438 = 0.562
Z/2 = 1.282
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.282 * (((0.438 * 0.562) / 276)
Margin of error = E = 0.038
A 80% confidence interval for population proportion p is ,
- E < p < + E
0.438 - 0.038 < p < 0.438 + 0.038
0.400 < p < 0.476
80% C. I. = 0.400 , 0.476
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