In: Statistics and Probability
12. A recent Gallop poll shows that Trump’s popularity as the presidential candidate is 41% based on 1,080 people. Find a 90% confidence interval estimate for the true proportion.
Solution :
Given that,
n = 1080
Point estimate = sample proportion =
= 41%=0.41
1 -
= 1-0.41 =0.59
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 *((0.41*0.59)
/1080 )
E = 0.025
A 90% confidence interval for population proportion p is ,
- E < p <
+ E
0.41-0.025 < p < 0.41+0.025
0.385< p < 0.435