A random sample of n = 1000 voters is taken and 650 of those surveyed indicate that they like pizza. What is the value of the sample proportion of those who like pizza? Provide a 95% confidence interval estimate of the proportion of individuals in the population who like pizza. Interpret your results.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 650 / 1000 = 0.650
1 - = 1 - 0.650 = 0.35
Z/2 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.650 * 0.35) / 1000)
Margin of error = E = 0.030
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.650 - 0.030 < p < 0.650 + 0.030
0.620 < p < 0.680
The 95% confidence interval for the population proportion p is : 0.620 , 0.680
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