In: Statistics and Probability
Assume that a sample is used to estimate a population proportion p. Find the 99% confidence interval for a sample of size 322 with 219 successes.
Enter your answer as an open-interval
(i.e., parentheses) using decimals (not percents) accurate
to three decimal places.
Confidence interval =
Solution :
Given that,
Point estimate = sample proportion =
= x / n = 219 / 322 = 0.680
1 -
= 1 - 0.680 = 0.32
Z/2
= 2.576
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * (((0.680
* 0.32) / 322)
Margin of error = E = 0.067
A 99% confidence interval for population proportion p is ,
- E < p <
+ E
0.680 - 0.067 < p < 0.680 + 0.067
0.613 < p < 0.747
Confidence interval = 0.613 , 0.747