In: Statistics and Probability
Out of 300 people sampled, 207 had kids. Based on this,
construct a 95% confidence interval for the true population
proportion of people with kids.
Give your answers as decimals, to four places
< p <
Solution :
Given that,
n = 300
x = 207
Point estimate = sample proportion =
= x / n = 207/300=0.69
1 -
= 1- 0.69 =0.31
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2
= Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z
/ 2 *
(((
* (1 -
)) / n)
= 1.96 (((0.69*0.31)
/300 )
E = 0.0523
A 95% confidence interval for population proportion p is ,
- E < p <
+ E
0.69-0.0523 < p <0.69+ 0.0523
0.6377< p < 0.7423