In: Statistics and Probability
A newsgroup is interested in constructing a 95% confidence interval for the proportion of all Americans who are in favor of a new Green initiative. Of the 555 randomly selected Americans surveyed, 385 were in favor of the initiative. Round answers to 2 decimal places where possible. a. With 95% confidence the proportion of all Americans who favor the new Green initiative is between and . b. If many groups of 555 randomly selected Americans were surveyed, then a different confidence interval would be produced from each group. About percent of these confidence intervals will contain the true population proportion of Americans who favor the Green initiative and about percent will not contain the true population proportion.
Solution :
Given that,
a) Point estimate = sample proportion = = x / n = 385 / 555 = 1 - 0.694
1 - = 1 - 0.694 = 0.306
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.694 * 0.306) / 555)
= 0.038
A 95% confidence interval for population proportion p is ,
± E
= 0.694 ± 0.038
= ( 0.66, 0.73 )
b) If many groups of 555 randomly selected Americans were surveyed, then a different confidence interval would be produced from each group. About 95 percent of these confidence intervals will contain the true population proportion of Americans who favor the Green initiative and about 5 percent will not contain the true population proportion