Question

In: Statistics and Probability

Of 100 randomly selected people in Oregon, 45 said they were going to vote yes on...

Of 100 randomly selected people in Oregon, 45 said they were going to vote yes on Proposition 1.

Construct a 95% confidence interval and round answers to 3 decimal places _____,____ (i.e. 0.123)

Solutions

Expert Solution

Level of Significance,   α =    0.05          
Number of Items of Interest,   x =   45          
Sample Size,   n =    100          
                  
Sample Proportion ,    p̂ = x/n =    0.450          
z -value =   Zα/2 =    1.960   [excel formula =NORMSINV(α/2)]      
                  
Standard Error ,    SE = √[p̂(1-p̂)/n] =    0.0497          
margin of error , E = Z*SE =    1.960   *   0.0497   =   0.0975
                  
95%   Confidence Interval is              
Interval Lower Limit = p̂ - E =    0.450   -   0.0975   =   0.3525
Interval Upper Limit = p̂ + E =   0.450   +   0.0975   =   0.5475
                  
so, confidence interval is (   0.352   < p <    0.548   )  


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