In: Statistics and Probability
The manufacturer of aspirin claims that the proportion of headache suffers who get relief with just two aspirins is 53%. The probability is 90% that the sample percentage (for a sample of 400) will be contained within what symmetrical limits of the population percentage?
Solution
Given that,
p = 53% = 0.53
1 - p = 1 - 0.53 = 0.47
n = 400
= p = 0.53
= [p( 1 - p ) / n] = [(0.53 * 0.47) / 400] = 0.0250
Using standard normal table,
P( -z < Z < z) = 90%
= P(Z < z) - P(Z <-z ) = 0.90
= 2P(Z < z) - 1 = 0.90
= 2P(Z < z) = 1 + 0.90
= P(Z < z) = 1.90 / 2
= P(Z < z) = 0.95
= P(Z < 1.645) = 0.95
= z ± 1.465
Using z-score formula,
= z * +
= -1.645 * 0.0250 + 0.53
= 0.489
= 48.9%
Using z-score formula,
= z * +
= 1.645 * 0.0250 + 0.53
= 0.571
= 57.1%
The probability is 90% that the sample percentage will be contained above 48.9% and below 57.1%