6. In December 2012 Gallup Poll conducted a survey of 1,015 Americans to determine if they had delayed seeking healthcare treatment due to the associated costs. Of the participants, 325 reported delaying seeking treatment due to costs. Create a 95% confidence interval for the proportion of all Americans who have delayed seeking healthcare treatment due to costs. Interpret your interval.
Solution: The 95% confidence interval for the proportion of all Americans who have delayed seeking healthcare treatment due to costs is:
Therefore, the 95% confidence interval for the proportion of all Americans who have delayed seeking healthcare treatment due to costs is
There is a 95% chance that the confidence interval calculated contains the true population proportion.
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