15 out of 54 attempts were successful in an experiment. Obtain a 96% confidence interval.
We are 96% confident that the percentage of successful attempts is between (lower bound) ________ and (upper bound) _________.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 15 / 54 = 0.278
1 - = 1 - 0.278 = 0.722
Z/2 = Z0.02 = 2.054
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.054 (((0.278 * 0.722) / 54 )
= 0.125
A 96% confidence interval for population proportion p is ,
± E
= 0.278 ± 0.125
= ( 0.153, 0.403 )
We are 96% confident that the percentage of successful attempts is between 0.153 and 0.403.
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