In: Statistics and Probability
Construct a 95% confidence interval to estimate the population proportion with a sample proportion equal to
0.45 and a sample size equal to 120.
----- A 95% confidence interval estimates that the population proportion is between a lower limit of
___ and an upper limit of ___
????
Solution :
Given that,
n = 120
Point estimate = sample proportion =
=0.45
1 -
= 1- 0.45 =0.55
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 (((0.45*0.55)
/120 )
= 0.089
A 95% confidence interval for population proportion p is ,
- E < p <
+ E
0.45-0.089 < p < 0.45+0.089
0.361< p < 0.539
A 95% confidence interval estimates that the population proportion is between a lower limit of
0.361___ and an upper limit of _0.539__