In: Statistics and Probability
A random sample of 100 observations results in 70 successes.
[You may find it useful to reference the z
table.]
a. Construct the a 95% confidence interval for the
population proportion of successes. (Round intermediate
calculations to at least 4 decimal places. Round "z" value
and final answers to 3 decimal
places.)
Confidence interval to
b. Construct the a 95% confidence interval for the population proportion of failures. (Round intermediate calculations to at least 4 decimal places. Round "z" value and final answers to 3 decimal places.)
Confidence interval to
Solution :
(a)
Given that,
n = 100
x = 70
= x / n = 70 / 100 = 0.70
1 - = 1 - 0.70 = 0.30
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.70 * 0.30) / 100)
= 0.09
A 95% confidence interval for population proportion p is ,
- E < P < + E
0.700 - 0.610 < p < 0.700 + 0.610
0.610 < p < 0.790
Confidence interval is: 0.610 to 0.790 .
(b)
n = 100
x = 30
= x / n = 30 / 100 = 0.30
1 - = 1 - 0.30 = 0.70
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.30 * 0.70) / 100)
= 0.09
A 95% confidence interval for population proportion p is ,
- E < P < + E
0.300 - 0.09 < p < 0.300 + 0.09
0.210 < p < 0.390
Confidence interval is: 0.210 to 0.390