In: Statistics and Probability
(a) A poll of 2,277 likely voters was conducted
on the president's performance. Approximately what margin of error
would the approval rating estimate have if the confidence level is
95%? (Round your answer to 4 decimal
places.)
Margin of error
(b) The poll showed that 44% approved the
president's performance. Construct a 90% confidence interval for
the true proportion. (Round your answer to 4 decimal
places.)
The 90% confidence interval is from to .
Solution :
Given that,
a) Point estimate = sample proportion = = 0.44
1 - = 1 - 0.44
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.44 * 0.56) /2277 )
= 0.0204
b) Z/2 = Z0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 (((0.44 * 0.56) /2277 )
= 0.0171
A 90% confidence interval for population proportion p is
± E
= 0.44 ± 0.0171
= ( 0.4229, 0.4571 )