Construct a 99% confidence interval of the population proportion using the given information.
x=75, n=150
The lower bound is?
The upper bound is?
99% confidence has an area of each tail, alpha/2 is .005, and critical value is 2.575 (z alpha/2)
sample success x = | 75 | |
sample size n= | 150 | |
sample proportion p̂ =x/n= | 0.5000 | |
std error se= √(p*(1-p)/n) = | 0.0408 | |
for 99 % CI value of z= | 2.575 | |
margin of error E=z*std error = | 0.1051 | |
lower bound=p̂ -E = | 0.395 | |
Upper bound=p̂ +E = | 0.605 |
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