10.
The 2003 Statistical Abstract of the United States reported the percentage of people 18 years of age and older who smoke. Suppose that the study select 2017 people using a simple random sample and finds 520 smokers. At 95% confidence, what is the margin of error? Round your answers to four decimal places.
Solution :
Given that,
n = 2017
x = 520
Point estimate = sample proportion = = x / n = 520 / 2017 = 0.2578
1 - = 1 - 0.2578 = 0.7422
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.960
Margin of error = E = Z / 2 * (( * (1 - )) / n)
E = 1.96 (((0.2578 * 0.7422) / 2017)
E = 0.0191
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