In: Statistics and Probability
Solution :
Given that,
n = 200
=
0.50
1 -
= 1 - 0.50 = 0.50
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
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 ,
- E < P <
+ E
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)