A quality-conscious disk manufacturer wishes to know the fraction of disks his company makes which are defective.
Step 1 of 2:
Suppose a sample of 4447 floppy disks is drawn. Of these disks, 311 were defective. Using the data, estimate the proportion of disks which are defective. Enter your answer as a fraction or a decimal number rounded to three decimal places.
Step 2 of 2:
Suppose a sample of 4447 floppy disks is drawn. Of these disks, 311 were defective. Using the data, construct the 98% confidence interval for the population proportion of disks which are defective. Round your answers to three decimal places.
Lower Endpoint:
Upper Endpoint:
Solution :
Given that,
Point estimate = sample proportion = = x / n = 0.070
Z/2 = 2.326
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.326 * (((0.070 * 0.930) / 4447)
= 0.009
A 98% confidence interval for population proportion p is ,
- E < p < + E
0.070 - 0.009 < p < 0.070 + 0.009
0.061 < p < 0.079
Lower endpoint = 0.061
Upper endpoint = 0.079
Get Answers For Free
Most questions answered within 1 hours.