Question

In: Statistics and Probability

Insurance companies are interested in knowing the population percent of drivers who always buckle up before...

Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. They randomly survey 404 drivers and find that 301 claim to always buckle up. Construct a 91 % confidence interval for the population proportion that claim to always buckle up. Use interval notation, for example, [1,5]

Solutions

Expert Solution

Solution :

Given that,

Point estimate () = x / n = 301 / 404 = 0.745

1 - = 0.255

Z/2 = 1.695

Margin of error = E = Z / 2 * (( * (1 - )) / n)

= 1.695 * (((0.745 * 0.255) / 404)

= 0.037

A 91% confidence interval for population proportion p is ,

- E < p < + E

0.745 - 0.037 < p < 0.745 + 0.037

0.708 < p < 0.782

(0.708, 0.782)


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