In: Math
Eric wants to estimate the percentage of elementary school children who have a social media account. He surveys 450 elementary school children and finds that 280 have a social media account.
Identify the values needed to calculate a confidence interval at the 99% confidence level. Then find the confidence interval.
z0.10 | z0.05 | z0.025 | z0.01 | z0.005 |
1.282 | 1.645 | 1.960 | 2.326 | 2.576 |
Use the table of common z-scores above.
SOLUTION:
From given data,
Eric wants to estimate the percentage of elementary school children who have a social media account. He surveys 450 elementary school children and finds that 280 have a social media account.
Identify the values needed to calculate a confidence interval at the 99% confidence level. Then find the confidence interval.
z0.10 | z0.05 | z0.025 | z0.01 | z0.005 |
1.282 | 1.645 | 1.960 | 2.326 | 2.576 |
Use the table of common z-scores above.
P = 280/450 = 0.622
N = sample size = 450
Standard deviation() = sqrt(
{p*(1-p)}/ n )
= sqrt( {0.622*(1-0.622)}/ 450 )
= 0.0228578214184
= 0.023
99% confidence level
Confidence level is 99%
99% = 99/100 = 0.99
= 1 - Confidence
interval = 1-0.99 = 0.01
/2 = 0.01 / 2
= 0.005
Z/2 =
Z0.005 = 2.576
Margin of error = Z/2 *
= 2.576*0.023
MOE = 0.05934
Confidence interval is given by
(p-MOE, p+MOE)
(0.622-0.05934, 0.622+0.05934)
(0.56266, 0.68134)
(0.563, 0.681) (rounded the answer for three decimal values)