In a clinical trial of a certain drug, 28 subjects experience headaches among the 234 subjects treated with the drug. Construct a 99% (Wald) confidence interval estimate for the proportion of treated subjects who experience headaches, completing parts (a) through (d) below.
a. Find the best point estimate of the population proportion.
__ (Type an integer or a decimal rounded to three decimal places as needed.)
b. Identify the value of the margin of error E.
__ (Type an integer or a decimal rounded to three decimal places as needed.)
c. Construct the confidence interval. _<p<_ (Round to three decimal places as needed.)
d. Write a statement that correctly interprets the confidence interval. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or a decimal. Do not round.)
A. There is a __% chance that the true value of the population proportion of subjects treated with the drug who experience headaches will fall between the confidence interval's lower and upper limits.
B. We have __% confidence that the true value of the sample proportion of subjects treated with the drug who experience headaches actually is between the confidence interval's lower and upper limits.
C. We have __% confidence that the true value of the population proportion of subjects treated with the drug who experience headaches actually is between the confidence interval's lower and upper limits.
D. __% of sample proportions will fall between the lower and upper limits of the confidence interval
a) Point estimate = 28/234
Point estimate = 0.1197
b) Sample proportion ()
= 0.1197
Sample size (n) = 234
Confidence interval(in %) = 99
z @ 99% = 2.576
Since we know that
Required confidence interval = (0.1197-0.0546, 0.1197+0.0546)
Required confidence interval = (0.0651, 0.1743)
c) C. We have 99% confidence that the true value of the
population proportion of subjects treated with the drug who
experience headaches actually is between the confidence interval's
lower and upper limits.
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