In: Statistics and Probability
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence interval for a sample of size 287 with 207 successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
< p
Solution :
Given that,
n = 287
x = 207
Point estimate = sample proportion = = x / n = 207/287=0.721
1 - = 1- 0.721 =0.279
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 (((0.721*0.279) / 287)
= 0.052
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.721-0.052 < p <0.721+ 0.052
0.669< p < 0.773