In a recent issue of Time magazine, 15 of 68 pages contained advertizing. Count every page that includes any advertising. Find the proportion of pages that include advertising.
Based on this sample result, construct a 95% confidence interval estimate of the percentage of all popular magazine pages that have advertising. (See section 7-2 of the textbook for examples of such confidence intervals).
Give a description of what this confidence interval tells you about magazine advertising.
What would change about your confidence interval if you changed the confidence level to 99%?
p= 0.22...................(proportion)
q= 0.78
n= 68
alpha=0.05 then Z(alpha/2)= 1.96
Margin of error E=Z(alpha/2)*sqrt(p*q/n)
=1.96*sqrt(0.22*0.78/68)
=0.0984600
95% Confidence interval for population proportion =(p-E,p+E)
rounded lower bound= 0.1215
rounded upper bound= 0.3185
there is a 95% chance that population proportion fall between 12.15% and 31.85%
p= 0.22
q= 0.78
n= 68
alpha=0.01 then Z(alpha/2)= 2.576
Margin of error E=Z(alpha/2)*sqrt(p*q/n)
=2.576*sqrt(0.22*0.78/68)
=0.1294
99% Confidence interval for population proportion =(p-E,p+E)
rounded lower bound= 0.0906
rounded upper bound= 0.3494
There is a 99% chance that population proportion fall between 9.06% and 34.94%
As the confidence level increased from 95% to 99% , it become wider on normal curve.
.............................................
if you have any doubt ask in comment give tumbs up if you like work
Get Answers For Free
Most questions answered within 1 hours.