In: Statistics and Probability
A poll asked whether states should be allowed to conduct random drug tests on elected officials. Of 14 comma 472 respondents, 87% said "yes." a. Determine the margin of error for a 99% confidence interval. b. Without doing any calculations, indicate whether the margin of error is larger or smaller for a 90% confidence interval. Explain your answer.
a)
Level of Significance, α =
0.01
Number of Items of Interest, x =
12590.64
Sample Size, n = 14472
Sample Proportion , p̂ = x/n =
0.870
z -value = Zα/2 = 2.576 [excel
formula =NORMSINV(α/2)]
Standard Error , SE = √[p̂(1-p̂)/n] =
0.0028
margin of error , E = Z*SE = 2.576
* 0.0028 =
0.0072
b)
the margin of error is smaller for a 90% confidence interval.
Because the z -value would be less for 90% confidence.
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