In: Statistics and Probability
Out of 300 people sampled, 270 had kids. Based on this,
construct a 95% confidence interval for the true population
proportion of people with kids.
Give your answers as decimals, to three places.
___________ < p < _______________
Solution :
Given that,
n = 300
x = 270
Point estimate = sample proportion =
= x / n = 270/300=0.9
At 95% confidence level the z is ,
Z/2
= Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z
/ 2 *
(((
* (1 -
)) / n)
= 0.0339
A 95% confidence interval for population proportion p is ,
0.9- 0.0339< p <0.9+ 0.0339
0.8661< p < 0.9339
0.866< p < 0.934