A trial is conducted 300 times with 75 successes. With a confidence level of 95% find p and q (proportion)
Solution :
Given that,
n = 300
x = 75
Point estimate = sample proportion = = x / n = 75 / 300 = 0.25
1 - = 1 - 0.25 = 0.75
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.960
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.25 * 0.75) / 300)
= 0.049
A 95% confidence interval for population proportion p is ,
± E
= 0.25 ± 0.049
= ( 0.201, 0.299 )
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