In: Statistics and Probability
A poll is taken in which 310 out of 525 randomly selected voters indicated their preference for a certain candidate. (a) Find a 90 % confidence interval for p . ≤ p≤
(b) Find the margin of error for this 90 % confidence interval for p .
(c) Without doing any calculations, indicate whether the margin of error is larger or smaller or the same for an 80% confidence interval.
Solution :
Given that,
n = 525
x = 310
(a) Point estimate = sample proportion = = x / n = 310 / 525 = 0.590
1 - = 1 - 0.590 = 0.410
(a) At 90% confidence level
= 1 - 90%
=1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 ((0.590 * (0.410) / 525)
= 0.035
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.590 - 0.035 < p < 0.590 + 0.035
0.555 < p < 0.625
The 95% confidence interval for p is : 0.555 < p < 0.625
(b) Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 ((0.590 * (0.410) / 525)
= 0.035
Margin of error = E = 0.035
(c) The margin of error is smaller for a 80% confident interval.