In: Statistics and Probability
Use the sample data and confidence level given below to complete parts (a) through (d). A drug is used to help prevent blood clots in certain patients. In clinical trials, among 4691 patients treated with the drug, 146 developed the adverse reaction of nausea. Construct a 95% confidence interval for the proportion of adverse reactions.
a) Find the best point estimate of the population proportion p.
b) Identify the value of the margin of error E. E =
c) Construct the confidence interval. ???<p<???
Solution :
Given that,
n = 4691
x = 146
Point estimate = sample proportion = = x / n = 146 / 4691 = 0.031
( a ) The best point estimate of the population proportion p = 0.031
1 - = 1 - 0.031 = 0.969
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 ((( 0.031 * 0.969 / 4691 )
= 0.005
( b ) The value of the margin of error E. E = 0.005
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.031 - 0.005 < p < 0.031 - 0.005
0.026 < p < 0.036
( 0.026 , 0.036 )
( c ) The 95% confidence interval for the population proportion p is : - ( 0.026 < p < 0.036 )