In: Statistics and Probability
A company surveyed 2500 men where 1200 of the men identified themselves as the primary grocery shopper in their household.
a) Estimate the percentage of all males who identify themselves as the primary grocery shopper. Use a 98% confidence interval.
Formula for confidence interval estimate for single population proportions (percentage): p
for 98% confidence level = (100-98)/100 =0.02
/2 = 0.02/2 =0.01
Z/2 = Z0.01 = 2.3263
Number men surveyed : n = 2500
Number men who identified themselves as the primary grocery shopper in their household : x= 1200
Sample Proportion of males who identify themselves as the primary grocery shopper : = 1200/2500 = 0.48
98% confidence interval Estimate of the proportion of all males who identify themselves as the primary grocery shopper
98% confidence interval Estimate of the proportion of all males who identify themselves as the primary grocery shopper = (0.456756,0.503244)
In percentage terms,
98% confidence interval Estimate of the percentage of all males who identify themselves as the primary grocery shopper = (45.6756 % , 50.3244%)