In: Math
QUESTION 5
From a sample of 500 college students it was found that 300 of them had taken a statistics course.
Construct a 95% confidence interval for the proportion of college students who have taken a statistics course. What is the LOWER BOUND on the interval? Round your answer to three decimal places (i.e. 0.123).
4 points
QUESTION 6
From a sample of 500 college students it was found that 300 of them had taken a statistics course.
Construct a 95% confidence interval for the proportion of college students who have taken a statistics course. What is the UPPER BOUND on the interval? Round your answer to three decimal places (i.e. 0.123).
Solution :
Given that,
n = 500
x = 300
= x / n = 300/ 500 = 0.6
1 - = 1 - 0.6 = 0.4
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 * (((0.6 * 0.40) / 500)
= 0.043
A 95% confidence interval for population proportion p is ,
- E < P < + E
0.6 - 0.043 < p < 0.6 + 0.043
0.557 < p < 0.643
(0.557, 0.643)
LOWER BOUND = 0.557
UPPER BOUND = 0.643