In: Statistics and Probability
CH 8
1.
A simple random sample of 900 individuals provides 300 Yes responses.
a. What is the point estimate of the proportion of the population that would provide Yes responses (to 3 decimals, if needed)?
b. What is your estimate of the standard error of the proportion (to 4 decimals)?
c. Compute the 95% confidence interval for the population
proportion (to 3 decimals).
( , )
2.
A simple random sample of 60 items resulted in a sample mean of 67. The population standard deviation is 12.
a. Compute the 95% confidence interval for the population mean (to 1 decimal).
( , )
b. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean (to 2 decimals).
( , )
Solution :
1) Given that,
a) Point estimate = sample proportion = = x / n = 300 / 900 = 0.333
1 - = 1 - 0.333 = 0.667
b) = [p ( 1 - p ) / n] = [(0.333 * 0.667) / 900 ] = 0.0157
c) Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.333 * 0.667) / 900)
= 0.031
A 95% confidence interval for population proportion p is ,
± E
= 0.333 ± 0.031
= ( 0.302, 0.364 )
2) Given that,
a) Z/2 = Z0.025 = 1.96
Margin of error = E = Z/2
* (
/n)
= 1.96 * ( 12 / 60
)
= 3.04
At 95% confidence interval estimate of the population mean is,
± E
= 67 ± 3.04
= ( 63.96, 70.04 )
b) Z/2 = Z0.025 = 1.96
Margin of error = E = Z/2
* (
/n)
= 1.96 * ( 12 / 120
)
= 2.15
At 95% confidence interval estimate of the population mean is,
± E
= 67 ± 2.15
= ( 64.85, 69.15 )