In: Statistics and Probability
2. A random sample of 121 observations produced a sample proportion of 0.25. An approximate 95% confidence interval for the population proportion p is between
Solution :
Given that,
n = 121
Point estimate = sample proportion = = 0.25
1 - = 1- 0.25 =0.75
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.96 (((0.25*0.75) /121 )
E = 0.0772
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.25-0.0772 < p <0.25+ 0.0772
0.1728< p < 0.3272
The 95% confidence interval for the population proportion p is : 0.1728, 0.3272