Question

In: Statistics and Probability

Use the information about each of the following samples to compute the confidence interval to estimate...

Use the information about each of the following samples to compute the confidence interval to estimate p.

a. n = 44 and p? = 0.50; compute a 99% confidence interval.
b. n = 300 and p? = 0.80; compute a 95% confidence interval.
c. n = 1,150 and p? = 0.40; compute a 90% confidence interval.
d. n = 95 and p? = 0.30; compute a 95% confidence interval.

Solutions

Expert Solution

Solution :  

Given that,

a.

n = 44

point estimate = sample proportion = = 0.50

1 - = 1 - 0.50 = 0.5

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 * (((0.50 * 0.5) / 44)

= 0.194

A 99% confidence interval for population proportion p is ,

- E < p < + E

0.50 - 0.194 < p < 0.50 + 0.194

0.306 < p < 0.694

The 99% confidence interval for the population proportion p is : 0.306 , 0.694

b.

n = 300

Point estimate = sample proportion = = 0.80

1 - = 1 - 0.80 = 0.2

At 95% confidence level the z is ,

= 1 - 95% = 1 - 0.95 = 0.05

/ 2 = 0.05 / 2 = 0.025

Z/2 = Z0.025 = 1.96

Margin of error = E = Z / 2 * (( * (1 - )) / n)

= 1.96 * (((0.80 * 0.2) / 300)

= 0.045

A 95% confidence interval for population proportion p is ,

- E < p < + E

0.80 - 0.045 < p < 0.80 + 0.045

0.755 < p < 0.845

The 95% confidence interval for the population proportion p is : 0.755 , 0.845

c.

n = 1150

point estimate = sample proportion = = 0.40

1 - = 1 - 0.40 = 0.6

At 90% confidence level the z is ,

   = 1 - 90% = 1 - 0.90 = 0.10

/ 2 = 0.10 / 2 = 0.05

Z/2 = Z0.05 = 1.645

Margin of error = E = Z / 2 * (( * (1 - )) / n)

= 1.645 * (((0.40 * 0.6) / 1150)

= 0.024

A 90% confidence interval for population proportion p is ,

- E < p < + E

0.40 - 0.024 < p < 0.40 + 0.024

0.376 < p < 0.424

The 90% confidence interval for the population proportion p is : 0.376 , 0.424

d.

n = 95

Point estimate = sample proportion = = 0.30

1 - = 1 - 0.30 = 0.7

At 95% confidence level the z is ,

= 1 - 95% = 1 - 0.95 = 0.05

/ 2 = 0.05 / 2 = 0.025

Z/2 = Z0.025 = 1.96

Margin of error = E = Z / 2 * (( * (1 - )) / n)

= 1.96 * (((0.30 * 0.7) / 95)

= 0.092

A 95% confidence interval for population proportion p is ,

- E < p < + E

0.30 - 0.092 < p < 0.30 + 0.092

0.208 < p < 0.392

The 95% confidence interval for the population proportion p is : 0.208 , 0.392


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