In: Statistics and Probability
Solution:
Given,
n = 1019 ....... Sample size
x = 672 .......no. of successes in the sample
Let denotes the sample proportion.
= x/n = 672 / 1019 = 0.6595
Our aim is to construct 95% confidence interval.
c = 0.95
= 1- c = 1- 0.95 = 0.05
/2 = 0.05 2 = 0.025 and 1- /2 = 0.975
Search the probability 0.975 in the Z table and see corresponding z value
= 1.96
Now , the margin of error is given by
E = /2 *
= 1.96 * [(0.6595*(1 - 0.6595)/1019]
= 0.0291
Now the confidence interval is given by
( - E) ( + E)
(0.6595 - 0.0291 ) (0.6595 + 0.0291 )
0.6304 0.6886
Interval is (0.6304 , 0.6886 )