In: Statistics and Probability
For this problem, carry at least four digits after the decimal
in your calculations. Answers may vary slightly due to
rounding.
Case studies showed that out of 10,001 convicts who escaped from
certain prisons, only 7582 were recaptured.
(a) Let p represent the proportion of all escaped
convicts who will eventually be recaptured. Find a point estimate
for p. (Round your answer to four decimal places.)
(b) Find a 99% confidence interval for p. (Round your
answers to three decimal places.)
lower limit | |
upper limit |
Give a brief statement of the meaning of the confidence
interval.
We are 1% confident that the true proportion of recaptured escaped convicts falls within this interval.We are 99% confident that the true proportion of recaptured escaped convicts falls outside this interval. We are 1% confident that the true proportion of recaptured escaped convicts falls above this interval.We are 99% confident that the true proportion of recaptured escaped convicts falls within this interval.
(c) Is use of the normal approximation to the binomial justified in
this problem? Explain.
No; np < 5 and nq > 5.Yes; np < 5 and nq < 5. Yes; np > 5 and nq > 5.No; np > 5 and nq < 5.
Solution :
Given that,
n = 10001
x = 7582
Point estimate = sample proportion = = x / n = 7582/10001=0.7581
1 - = 1-0.7581 =0.2419
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z / 2 * (((( * (1 - )) / n)
= 2.576* (((0.7581*0.2419) /10001 )
= 0.011
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.7581-0.011 < p <0.7581+ 0.011
0.747< p < 0.769
The 99% confidence interval for the population proportion p is :lower limit= 0.747 , upper limit= 0.769
We are 99% confident that the true proportion of recaptured escaped convicts falls within this interval.