Out of 300 people sampled, 162 had children. Based on this, construct a 95% confidence interval for the true population proportion of people with children.
Preliminary:
4.) Confidence Interval: What is the 95%
confidence interval to estimate the population proportion?
ROUND ANSWER TO 3 DECIMAL PLACES!
5.) ???? <p< ?????
6.) Interpret: Interpret the confidence interval in context of estimating the population proportion of people having children. ????????
3)
300 * 0.54 *(1-0.54) = 74.5
4)
sample proportion, = 0.54
sample size, n = 300
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.54 * (1 - 0.54)/300) = 0.0288
Given CI level is 95%, hence α = 1 - 0.95 = 0.05
α/2 = 0.05/2 = 0.025, Zc = Z(α/2) = 1.96
Margin of Error, ME = zc * SE
ME = 1.96 * 0.0288
ME = 0.0564
CI = (pcap - z*SE, pcap + z*SE)
CI = (0.54 - 1.96 * 0.0288 , 0.54 + 1.96 * 0.0288)
CI = (0.484 , 0.596)
5)
0.484 < p < 0.596
6)
we are 95% confident that the population proportion of people having children. is between 0.484 and 0.596
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