In: Statistics and Probability
We wish to estimate what percent of adult residents in a certain county are parents. Out of 200 adult residents sampled, 86 had kids. Based on this, construct a 99% confidence interval for the proportion π π of adult residents who are parents in this county. Give your answers as decimals, to three places. < π π
We wish to estimate what percent of adult residents in a certain county are parents.
Out of 200 adult residents sampled, 86 had kids.
Thus n = 200 ( sample size )
x = 86 ( number of success i.e dult residents having kids )
So   
 = x/n = 86/200
       
 = 0.43         (
probability of success )
Now 100(1-
)%
confidence interval CI for population proportion is given by
CI = { 
 - 
 * 
 , 
 + 
 * 
 }
Calculation :-
For 99% confidence critical z-value is 
 = 2.576
           
......(i)
     
 =
0.43                                                                   
       ......(ii)
       
Thus   
 = 
 = 
      
 =
0.03500714                                   
......(iii)
Hence
99% confidence interval CI is given by
CI = { 
 - 
 * 
 , 
 + 
 * 
 }
= { 0.43 - 2.576 * 0.03500714 , 0.43 + 2.576 * 0.03500714 }
CI = { 0.3398216 , 0.5201784 }
CI = { 0.340 , 0.520 } [ rounding to three decimals ]
Thus 99% confidence interval for the proportion π π of adult residents who are parents in this country is { 0.340 , 0.520 }