You ask 30 students if they like your fancy new hat. 25 of these students like your hat. What is the 95% confidence interval for the proportion of students who like your hat?
The answer is (0.70, 0.97), please explain how [show working].
solution:
Given data
Total no.of students (n) = 30
No.of students like your hat (X) = 25
The sample proportion = X/n
= 25/30
= 0.833
For 95% Confidence interval = 1 - CL = 1 - 0.95 = 0.05
The critical value Zc = Z(/2) = Z(0.025) = 1.96 [ using Z distribution table]
The confidence interval for Proportion is given by
CI : ± Zc *
: 0.833 ± 1.96 *
: 0.833 ± 0.133
: ( 0.700 , 0.966)
CI :(0.70 , 0.97) [ Rounded to 2 decimal places ]
Therefore, we are 95% confident that proportion of students who like your hat is between 0.70 and 0.97
Get Answers For Free
Most questions answered within 1 hours.