In: Statistics and Probability
Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. n = 75, x = 36; 98 percent
Solution :
Given that,
n = 75
x = 36
= x / n =36 /75 = 0.48
1 - = 1 - 0.48 = 0.52
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
Z/2 = Z0.01 = 2.326
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.326 * (((0.48 * 0.52) / 75) = 0.1342
A 98 % confidence interval for population proportion p is ,
- E < P < + E
0.48 - 0.1342 < p < 0.48 + 0.1342
0.3458 < p < 0.6142
The 98% confidence interval for the population proportion p is : ( 0.3458 , 0.6142)