In North Carolina, they survey 400 residents and asked if they like crab cakes, 343 responded yes to the question. Find a 98% confidence interval estimate of the proportion of North Carolina residents who like crab cakes.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 33 / 400 = 0.8575
Z/2 = 2.326
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.326 * (((0.8575 * 0.1425) / 400)
= 0.041
A 98% confidence interval for population proportion p is ,
- E < p < + E
0.8575 - 0.041 < p < 0.8575 + 0.041
0.817 < p < 0.898
(0.817 , 0.898)
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