Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. Round to three decimal places.
When
267267
college students are randomly selected and surveyed, it is found that
101101
own a car. Find a 99% confidence interval for the true proportion of all college students who own a car.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 101 / 267 = 0.378
1 - = 1 - 0.378 = 0.622
Z/2 = 2.576
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576 * (((0.378 * 0.622) / 267)
Margin of error = E = 0.076
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.378 - 0.076 < p < 0.378 + 0.076
0.302 < p < 0.454
The 99% confidence interval for the population proportion p is : 0.302 , 0.454
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