Question

In: Statistics and Probability

You have been given the task of finding out what proportion of students that enroll in...

You have been given the task of finding out what proportion of students that enroll in a local university actually complete their degree. You have access to first year enrolment records and you decide to randomly sample 115 of those records. You find that 87 of those sampled went on to complete their degree.

a)Calculate the proportion of sampled students that complete their degree. Give your answer as a decimal to 3 decimal places.

Sample proportion =

You decide to construct a 95% confidence interval for the proportion of all enrolling students at the university that complete their degree. If you use your answer to part a) in the following calculations, use the rounded version.

b)Calculate the lower bound for the confidence interval. Give your answer as a decimal to 3 decimal places.

Lower bound for confidence interval =

c)Calculate the upper bound for the confidence interval. Give your answer as a decimal to 3 decimal places.

Upper bound for confidence interval =

Solutions

Expert Solution

Solution :

Given that,

n = 115

x = 87

a) Point estimate = sample proportion = = x / n = 87 / 115 = 0.757

1 - = 1 - 0.757 = 0.243

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)

= 1.96 (((0.757 * 0.243) / 115 )

= 0.078

A 95% confidence interval for population proportion p is ,

b) lower bound =   -   E

lower bound = 0.757 - 0.078 = 0.679

c) upper bound =   + E

upper bound = 0.757 + 0.078 = 0.835


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