In: Math
In a survey of
24562456
adults in a recent year,
13921392
say they have made a New Year's resolution.
Construct 90% and 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals.
a)
sample proportion, = 0.5668
sample size, n = 2456
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.5668 * (1 - 0.5668)/2456) = 0.01
Given CI level is 90%, hence α = 1 - 0.9 = 0.1
α/2 = 0.1/2 = 0.05, Zc = Z(α/2) = 1.64
Margin of Error, ME = zc * SE
ME = 1.64 * 0.01
ME = 0.0164
CI = (pcap - z*SE, pcap + z*SE)
CI = (0.5668 - 1.64 * 0.01 , 0.5668 + 1.64 * 0.01)
CI = (0.5504 , 0.5832)
Therefore, based on the data provided, the 90% confidence interval
for the population proportion is 0.5504 < p < 0.5832 , which
indicates that we are 90% confident that the true population
proportion p is contained by the interval (0.5504 , 0.5832)
b)
sample proportion, = 0.5668
sample size, n = 2456
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.5668 * (1 - 0.5668)/2456) = 0.01
Given CI level is 95%, hence α = 1 - 0.95 = 0.05
α/2 = 0.05/2 = 0.025, Zc = Z(α/2) = 1.96
Margin of Error, ME = zc * SE
ME = 1.96 * 0.01
ME = 0.0196
CI = (pcap - z*SE, pcap + z*SE)
CI = (0.5668 - 1.96 * 0.01 , 0.5668 + 1.96 * 0.01)
CI = (0.5472 , 0.5864)
Therefore, based on the data provided, the 95% confidence interval
for the population proportion is 0.5472 < p < 0.5864 , which
indicates that we are 95% confident that the true population
proportion p is contained by the interval (0.5472 , 0.5864)
width of 95% confidence interval is more
for 90% = 0.5832 - 0.5504 = 0.0328
for 95% = 0.5864 - 0.5472 = 0.0392