In: Statistics and Probability
What is the proportion of college students that use the college recreational facilities more than three times per week? Out of a sample of 464 college students, 116 indicated that they used the college recreational facilities more than three times per week. Calculate a confidence interval at the 99% confidence level following the steps below.
a)Write down the symbol used to represent the sample’s proportion as well as its value.
b) Calculate the margin of error for the 99% confidence interval. Show all your work and round your answer to 3 decimal places (need both correct equation, and correct answer for full credit).
c)Write down the lower and upper bounds of the 99% confidence interval. Write your answer in the blanks below.
( ______ , ______)
Sample proportion = = x / n
Where x = Number of college students that use the college recreational facilities more than three times per week.
n = sample size.
= 116 / 464 = 0.25
b ) Formula of margin of error is as follows:
..........( 1 )
It is given that ; c = confidence level = 0.99
so that level of significance = = 1 - c = 1 - 0.99 = 0.01
this implies that \alpha/2 = 0.01/2 = 0.005
So we want to find such that
P(Z > ) = 0.005
Therefore ,
P(Z < ) = 1 - 0.005 = 0.995
The general excel command to find critical z value is
"=NORMSDIST(probability)"
Here probability = 0.995
So that critical is = "=NORMSINV(0.995)" = 2.5758
also n = 464 and = 0.25
Put this value in equation (1) so we get
So E = 0.052
Lower limit = - E = 0.25 - 0.052 = 0.198
Upper Limit = + E = 0.25 + 0.052 = 0.302
So that 99% confidence interval for population proportion P is (0.198 , 0.302)