In: Statistics and Probability
Conditions:
Work:
Interval:
Conclusion:
Solution :
Given that,
n = 420
x = 98
Point estimate = sample proportion = = x / n = 98/420=0.233
1 - = 1- 0.233 =0.767
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z / 2 * (((( * (1 - )) / n)
= 2.576* (((0.233*0.767) /420 )
= 0.0531
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.233- 0.0531< p < 0.233+0.0531
0.1799< p < 0.2861
The 99% confidence interval for the population proportion p is : 0.1799, 0.2861