In: Statistics and Probability
For this problem, carry at least four digits after the decimal
in your calculations. Answers may vary slightly due to
rounding.
A random sample of 5913 physicians in Colorado showed that 3035
provided at least some charity care (i.e., treated poor people at
no cost).
(a) Let p represent the proportion of all Colorado
physicians who provide some charity care. Find a point estimate for
p. (Round your answer to four decimal places.)
(b) Find a 99% confidence interval for p. (Round your
answers to three decimal places.)
lower limit | |
upper limit |
Solution :
n = 5913
x = 3035
a ) = x / n = 3035 / 5913 = 0.513
1 - = 1 - 0.513 = 0.487
b ) At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576 * (((0.513 * 0.487) / 5913 )
= 0.017
A 99 % confidence interval for population proportion p is ,
- E < P < + E
0.513 - 0.017 < p < 0.513+ 0.017
lower limit = 0.496
upper limit = 0.530