In: Statistics and Probability
Construct a 99% confidence interval to estimate the population proportion with a sample proportion equal to 0.90 and a sample size equal to 250.
------A 99% confidence interval estimates that the population proportion is between a lower limit of ___ and an upper limit of ___.
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Solution :
Given that,
n = 250
Point estimate = sample proportion = = 0.90
1 - = 1-0.90 =0.10
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* (((0.90*0.10) / 250)
= 0.049
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.90-0.049 < p < 0.90+0.049
0.851< p < 0.949
A 99% confidence interval estimates that the population proportion is between a lower limit of _0.851__ and an upper limit of _0.949__.