In an opinion poll involving n = 100 college students, 58 answered "YES" and the remaining said "NO". Let p denote the proportion of people in the entire voting population that are "NO" responding individuals.
(a). Construct a 99% confidence interval for p.
(b). In a 95% confidence interval, what should the sample size n be to keep the margin of error within 0.1?
a) we have X =number of students voting No = 42
n = number of students involving = 100
Let p^ = Sample proportion = X/n = 42/100 = 0.42
The 99% confidence interval for population proportion p
p^ - E < p < p^ + E
Where E = Za/2* Sqrt [ p^ *(1-p^)/n ]
For a = 0.01, Z0.005 = 2.58
E = 2.58* sqrt [ 0.42*0.58/100]
E = 0.13
0.42 - 0.13 < p < 0.42 + 0.13
0.29 < p < 0.55
b)
For margin of error E = 0.1
c = confidence level = 0.95
p^ = estimate of proportion = 0.42
Sample size n = p *( 1-p) *( Za/2/E)2
For a = 0.05 , Z0.025 = 1.96
n = 0.42 *0.58*(1.96/0.1)2
n = 94
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