In: Statistics and Probability
2. In a survey of 2000 students, 1638 of them thought that the prices in the school cafeteria were too high.
2a. Find a point estimate for the proportion of the school that thinks the prices in the school cafeteria are too high.
2b. Which requirement might not be met here?
2c. Find a 90% confidence interval for the proportion of the school that thinks the prices in the school cafeteria are too high.
Solution :
Given that,
n = 2000
x = 1638
a
Point estimate = sample proportion = = x / n = 1638/2000=0.819
1 - = 0.181
b
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Margin of error = E Z/2 *(( * (1 - )) / n)
= 1.645 *((0.819*0.181) / 2000)
E = 0.014
c
A 90% confidence interval proportion p is ,
- E < p < + E
0.819 - 0.014 < p < 0.819 +0.014
0.805< p < 0.833
(0.805 , 0.833)