In: Math
A random sample of 121 observations produced a sample proportion of 0.4. An approximate 95% confidence interval for the population proportion p is between
Solution :
Given that,
n = 121
Point estimate = sample proportion = = 0.4
1 - = 1 - 0.4 = 0.6
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 * (((0.4 * 0.6) / 121)
= 0.087
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.4 - 0.087 < p < 0.4 + 0.087
0.313 < p < 0.487
(0.313 , 0.487)
n approximate 95% confidence interval for the population proportion p is between 0.313 ans 0.487 .