In: Statistics and Probability
In a survey of 2075 adults in a recent year, 1432 say they have made a New Year's resolution. Construct 90% and 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals.
A. The 90% confidence interval for the population proportion p is..
B.The 95% confidence interval for the population proportion p is..
C.Determine the widths of the intervals..
Solution :
Given that,
n = 2075
x = 1432
Point estimate = sample proportion = = x / n = 1432 / 2075 = 0.690
1 - = 1 - 0.690 = 0.310
A)
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z 0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 * (((0.690 * 0.310) / 2075)
= 0.017
Width = 2 * 0.017 = 0.034
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.690 - 0.017 < p < 0.690 + 0.017
0.673 < p < 0.707
The 90% confidence interval for the population proportion p is : (0.673 , 0.707)
B)
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 * (((0.690 * 0.310) / 2075)
= 0.020
Width = 2 * 0.020 = 0.040
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.690 - 0.020 < p < 0.690 + 0.020
0.670 < p < 0.710
The 95% confidence interval for the population proportion p is : (0.670 , 0.710)