A sample survey of 300 union members in New York State reveals a sample proportion of 37% that favor the Republican candidate for governor. Construct the 98% confidence interval for the true population proportion of all New York State union members who favor the Republican candidate.
Given that,
Sample proportion = 0.37
98% confidence interval for p is
- Z/2 * Sqrt((1-) / n) < p < + Z/2 * Sqrt((1-) / n)
0.37 - 2.3263 * sqrt( 0.37 * 0.63 / 300) < p < 0.37 + 2.3263 * sqrt( 0.37 * 0.63 / 300)
0.3052 < p < 0.4348
98% CI is ( 0.3052 , 0.4348 )
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