In: Math
Researchers are trying to estimate the proportion of patients trying a new experimental drug who experience a skin rash as a side-effect. 245 patients took this drug as part of early research, and these 245 patients are considered representative of the population who would take this drug in the future. 2.86% of these patients reported a skin rash. We would like to construct a 90% confidence interval for the proportion of potential drug users who would develop a skin rash.
What would be the standard error for our sample proportion, using the information we have from our sample to estimate that? Round to 3 decimal places
a 90% confidence interval will go 1.65 standard errors out in either direction. Calculate the lower bound of this 90% confidence interval for the true proportion of drug users who experience a skin rash as a side effect
(a)Solution :
Given that,
n = 245
Point estimate = sample proportion =
0.286
1 -
= 1 - 0.286=0.714
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 (((0.286
*0.714) /245 )
= 0.0289 0.047
A 90% confidence interval for population proportion p is ,
- E < p <
+ E
0.286 - 0.047 < p < 0.286 + 0.047
0.239< p < 0.333
The 90% confidence interval for the population proportion p is : (0.239 , 0.333)
(b)standard error =
((
* (1 -
)) / n) = (
((0.286
*0.714) /245 ) = 0.029
(c) standard error 1.65 it not the proportion