In: Statistics and Probability
Based on a sample of 150 items, in which 45 items exhibited the trait deemed to be a success, when constructing a 90% confidence interval...
a) ...what is the low-end value of the confidence interval? (ANSWER AS A PERCENT TO 2 DECIMALS)
b) ...what is the high-end value of the confidence interval? (ANSWER AS A PERCENT TO 2 DECIMALS)
c) ...is it reasonable to assume the population proportion is 36%? (Y or N)
Here it is given that based on a sample of 150 items, in which 45 items exhibited the trait deemed to be a success
So
For 90% CI, z value is 1.645 as P(-1.645<z<1.645)=0.90
Now we will find Margin of Error
a. Hence low-end value of the confidence interval is .
b. Here high-end value of the confidence interval
c. As 0.36 is in the range of CI. Answer is Yes, it is reasonable to assume the population proportion is 36%