In: Statistics and Probability
A survey of 280 homeless persons showed that 63 were veterans. Construct a 99% confidence interval for the proportion of homeless persons who are veterans
Solution :
Given that,
n =280
x = 63
= x / n =63 /280 = 0.225
1 - = 1 - 0.225 = 0.775
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 * (((0.225* 0.775) / 280) = 0.0643
A 99 % confidence interval for population proportion p is ,
- E < P < + E
0.225 - 0.0643 < p < 0.225+ 0.0643
0.1607 < p < 0.2893
The 99% confidence interval for the population proportion p is : ( 0.1607 , 0.2893)