In: Statistics and Probability
(1 point) A poll is taken in which 350 out of 600 randomly
selected voters indicated their preference for a certain
candidate.
(a) Find a 90% confidence interval for p.
I keep getting 58.2 and 58.4 which is wrong
(b) Find the margin of error for this 90% confidence interval for p.
Solution :
Given that,
n = 600
x = 350
Point estimate = sample proportion = = x / n = 350/600=0.583
1 - = 1- 0.583 =0.417
At 90% confidence level the z is
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
Z/2 = Z0.05 = 1.645 ( Using z table )
Margin of error = E = Z/2 * (( * (1 - )) / n)
= 1.645 *((0.583*0.417) /600 )
E = 0.0331
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.583- 0.0331< p < 0.583+0.0331
0.5499< p < 0.6161
The 90% confidence interval for the population proportion p is : 0.5499, 0.6161