6. In a poll of 1000 likely voters, 560 say that the United States spends too little on fighting hunger at home. Find and interpret an 85% confidence interval for the true proportion of voters who feel this way.
sample success x = | 560 | ||
sample size n= | 1000.0 | ||
pt estiamte p̂ =x/n= | 0.5600 | ||
se= √(p*(1-p)/n) = | 0.0157 | ||
for 85 % CI value of z= | 1.440 | from excel:normsinv((1+0.85)/2) |
margin of error E=z*std error = | 0.023 | |
lower bound=p̂ -E = | 0.5374 | |
Upper bound=p̂ +E = | 0.5826 | |
from above 85% confidence interval for population proportion =(0.5374 ,0.5826) |
above interval gives 85% confidence to contain true value of population proportion of voters who feel this way |
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