In: Statistics and Probability
Construct a confidence interval of the population proportion at the given level of confidence. x =75, n = 150 , 90 % confidence.
Solution :
Given that,
n = 150
x = 75
Point estimate = sample proportion = = x / n = 75 / 150 = 0.500
1 - = 1 - 0.500 = 0.500
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)
= 1.96 * (((0.500 * 0.500) / 150)
= 0.067
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.500 - 0.067 < p < 0.500 + 0.067
0.433 < p < 0.567
The 95% confidence interval for the population proportion p is : (0.433 , 0.567)