A random sample of 100 childrens fiction books was taken at my local library. Of these 100 books, 47 were written by women. Using the information provided, calculate a 92% confidence interval for the population proportion.
please provide upper/lower bound intervals and step by step solution.
Solution :
Given that,
n = 100
x = 47
= x / n = 47 / 100 = 0.47
1 - = 1 - 0.47 = 0.53
At 92% confidence level the z is ,
= 1 - 92% = 1 - 0.92 = 0.08
/ 2 = 0.08 / 2 = 0.04
Z/2 = Z0.04 = 1.751
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.751 * (((0.47*0.53) /100 )
= 0.087
A 92% confidence interval for population proportion p is ,
- E < P < + E
0.47 - 0.087 < p < 0.47 + 0.087
0.383< p < 0.557
The 92% confidence interval for the population proportion p is : (0.383 , 0.557)
lower bound = 0.383
upper bound = 0.557
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