In: Statistics and Probability
Solution :
n = 763
x = 329
= x / n = 329 / 763 = 0.431
1 - = 1 - 0.431 = 0.569
At 96% confidence level the z is ,
= 1 - 96% = 1 - 0.96 = 0.04
/ 2 = 0.04 / 2 = 0.02
Z/2 = Z0.02 = 2.050
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.050 * (((0.431 * 0.569) / 763)
= 0.037
A 96 % confidence interval for population proportion p is ,
- E < P < + E
0.431 - 0.037 < p < 0.431 + 0.037
0.394 < p < 0.468