Find the margin of error and 95% confidence interval for the survey result described. According to a poll of 1100 households, about 71% of adults over the age 24 have graduated from high school
margin of error= ___%
confidence interval between ___% and ___%
Confidence interval for Population Proportion is given as below:
Confidence Interval = P ± Z* sqrt(P*(1 – P)/n)
Where, P is the sample proportion, Z is critical value, and n is sample size.
We are given
n = 1100
P = x/n = 0.71
Confidence level = 95%
Critical Z value = 1.96
(by using z-table)
Margin of error = Z* sqrt(P*(1 – P)/n)
Margin of error = 1.96* sqrt(0.71*(1 – 0.71)/1100)
Margin of error = 0.0268
Margin of error = 2.68%
Confidence Interval = P ± Z* sqrt(P*(1 – P)/n)
Confidence Interval = 0.71 ± 0.0268
Lower limit = 0.71 - 0.0268 = 0.6832
Upper limit = 0.71 + 0.0268 = 0.7368
Confidence interval = (0.6832, 0.7368)
Confidence interval between 68.32% and 73.68%
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