Make sure to include each of the following for full credit
Solution :
Given that,
a) Point estimate = sample proportion = = x / n = 148 / 194 = 0.763
1 - = 1 - 0.763 = 0.237
Z/2 = Z0.025 = 1.96
b) Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.763 * 0.237) / 194)
= 0.060
c) A 95% confidence interval for population proportion p is ,
± E
= 0.763 ± 0.060
= ( 0.703, 0.823 )
We are 95% confident that the true proportion of all vet clinics that do not treat large animals is between 0.703 and 0.823.
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