In: Math
6. Digital streaming has shifted some of the focus from
traditional TV commercials to online advertisements.
The Harris poll reported in 2012 that 53% of 2,343 American adults
surveyed said they watched digitally
streamed content. Calculate and interpret a 99% score CI for the
proportion of all adult Americans
who watched digitally streamed content.
6)
Solution :
Given that,
n = 2343
Point estimate = sample proportion = = 53% = 0.53
1 - = 1 - 0.53 = 0.47
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 * (((0.53 * 0.47) / 2343)
= 0.027
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.53 - 0.027 < p < 0.53 + 0.027
0.503 < p < 0.557
The 95% confidence interval for the population proportion p is : (0.503 , 0.557)