19. In a survey of 1500 people, 945 indicated that they listened to their favorite radio station because of the music: (make sure to identify a), b), and c) correctly)
a) What is the best point estimate for the value of p?
b) Calculate the maximum error of the estimate of p with 97% confidence.
c) Construct the 97% confidence interval for the true percentage of all people who listen to their favorite radio station because of the music.
Solution :
Given that,
n = 945
x = 1500
a) Point estimate = sample proportion = = x / n = 945 / 1500 = 0.63
1 - = 1 - 0.63 = 0.37
b) At 97% confidence level
= 1 - 97%
=1 - 0.97 =0.03
/2
= 0.015
Z/2
= Z0.015 = 2.17
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.17 (((0.63 * 0.37) / 1500 )
= 0.027
c) A 97% confidence interval for population proportion p is ,
± E
= 0.63 ± 0.027
= ( 0.603, 0.657 )
Get Answers For Free
Most questions answered within 1 hours.