Question

In: Statistics and Probability

Assume that a sample is used to estimate a population proportion p. Find the margin of...

Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places. 95% confidence n = 2388 x = 1672

Solutions

Expert Solution

Solution:

Given:

n = 2388

x = 1672

c = 95% confidence level.

Formula:

where

and

We need to find zc value for c=95% confidence level.

Find Area = ( 1 + c ) / 2 = ( 1 + 0.95) /2 = 1.95 / 2 = 0.9750

Look in z table for Area = 0.9750 or its closest area and find z value.

Area = 0.9750 corresponds to 1.9 and 0.06 , thus z critical value = 1.96

That is : Zc = 1.96

thus


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