In: Statistics and Probability
In a recent Dew Research Poll, 1000 U.S. adults were asked about their online versus in-store clothes shopping. One finding was that 32% of respondents never clothes-shop online. Construct and interpret a 95% confidence interval for the proportion of all U.S. adults who never clothes-shop online.
Solution :
Given that,
n = 1000
Point estimate = sample proportion = = 32%=0.32
1 - = 1- 0.32 =0.68
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 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.96 (((0.32*0.68) /1000 )
E = 0.029
A 95% confidence interval is ,
- E < p < + E
0.32 - 0.029 < p < 0.32 +0.029
0.291< p < 0.349