In: Statistics and Probability
Solution :
Given that,
n = 200
At 99% confidence level the z is ,
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * (((0.50
* 0.50) / 200) = 0.091
A 99 % confidence interval for population proportion p is ,
0.50 - 0.091 < p < 0.50 + 0.091
0.409 < p < 0.591
The 99% confidence interval for the population proportion p is : ( lower limit = 0.409 upper limit = 0.591)