In: Statistics and Probability
If n = 540 and ˆpp^ (p-hat) = 0.7, construct a 90% confidence
interval.
Give your answers to three decimals
_______ < p < ____
Given that,
Point estimate = sample proportion = =0.7
1 - = 1-0.7 =0.3
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z 0.05 = 1.645 ( Using z table )
Margin of error = E Z/2 *(( * (1 - )) / n)
= 1.645 *((0.7*0.3) /540 )
E = 0.032
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.7 - 0.032 < p < 0.7+0.032
_0.668 < p < _0.732___