In: Math
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.
In a random sample of 63 professional actors, it was found that 41 were extroverts.
(a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.)
p̂=
q̂=
(b) Find a 95% confidence interval for p. (Round your answers to two decimal places.)
Find the maximal margin of error. (Round your answer to two decimal places.)
E =
Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.)
lower limit =
upper limit =
Solution :
Given that,
n = 63
x = 41
Point estimate = sample proportion = = x / n = 41 / 63=0.6508
q =1 - = 1 - 0.6508=0.3492
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.6508*0.3492) / 63)
= 0.12
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.6508 -0.12 < p < 0.6508 +0.12
0.53< p < 0.77
The 95% confidence interval for the population proportion p is :0.53 , 0.77