In: Math
A political analyst found that 43% of 300 randomly selected Republican voters feel that the federal government has too much power. Find the 95%confidence interval of the population proportion of Republican voters who feel this way.
Find the 95% confidence interval of the population proportion of reputation of republic voters who feel this way using Excel-MegaStat:
From the given information, in the random sample of 300 republican voters, 43% feel that federal government has too much power. The confidence level is 95%.
The 95% confidence interval using Excel-MegaStat is,
Excel add-in (MegaStat)\r\nprocedure:
Step 1: In EXCEL, Select Add-Ins > MegaStat > Confidence intervals/Sample size.
Step 2: Choose Confidence intervals-p.
Step 3: Enter 0.43 as the p, and 300 as the n.
Step 4: In Confidence Level, Choose 95%.
Step 5: Click Preview and then OK.
MINITAB output:
Confidence interval – proportion
95% confidence level
0.43 proportion
300 n
1.960 z
0.056 half-width
0.486 upper confidence limit
0.374 lower confidence limit
From the Excel-MegaStat output, the 95% confidence interval for the true proportion is (0.374, 0.486).
Thus, the 95% confidence interval of the population proportion of reputation of republic voters who feel this way is 0.374 < p < 0.486.
Interpretation:
There is 90% confident that true proportion of reputation of republic voters who feel this way lies between 0.374 and 0.486.There is 90% confident that true proportion of reputation of republic voters who feel this way lies between 0.374 and 0.486.