In: Statistics and Probability
In a random sample of 450 light bulbs, 150 of them burned out in less than 1000 hours. For those light bulbs:
Population proportion:……?
Confidence interval:……? and …..?
Solution :
Given that,
n = 450
x = 150
Point estimate = sample proportion = = x / n = 150 / 450 = 0.333
1 - = 1 - 0.333 = 0.667
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.960
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.960 (((0.333 * 0.667 ) / 450)
= 0.044
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.333 - 0.044 < p < 0.333 + 0.044
0.289 < p < 0.377
( 0.289 , 0.377 )
The 95% confidence interval for the population proportion p is : - ( 0.289 and 0.377 )