In: Statistics and Probability
Question: In survey 4001 adults 718 say they see a ghost construct 99% confidence interval for the proportion.
A 99% confidence interval for the population proportion is (), () round three decimal places. Interpret the results
Solution :
Given that,
n = 4001
x = 718
= x / n = 718 / 4001= 0.179
1 - = 1 - 0.179= 0.821
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 * (((0.179 * 0.821) / 4001) = 0.0156
A 99 % confidence interval for population proportion p is ,
- E < P < + E
0.179 - 0.0156< p < 0.179 + 0.0156
0.1634 < p < 0.1946
The 99% confidence interval for the population proportion p is fall between lower bound and upper bound ( 0.1634 , 0.1946)