In: Math
At a confidence level of 95% a confidence interval for a population proportion is determined to be 0.65 to 0.75. If the sample size had been larger and the estimate of the population proportion the same, this 95% confidence interval estimate as compared to the first interval estimate would be
Solution :
given that
Lower confidence interval = 0.68
Upper confidence interval = 0.75
Point estimate = = (Lower confidence interval + Upper confidence interval ) / 2
= = (0.65+0.75) / 2
Point estimate = =0.7
Margin of error = E = Upper confidence interval -
=0.75-0.7
Margin of error = E = 0.05
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
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.96 / 0.05)2 * 0.0.7 * 1-0.7
= 323
Sample size = 323