In: Statistics and Probability
A random sample of 1001 adults in a certain large country was asked "Do you pretty much think televisions are a necessity or a luxury you could do without?" Of the 1001 adults surveyed, 534 indicated that televisions are a luxury they could do without. Complete parts (a) through (e) below.
a) Obtain a point estimate for the population proportion of adults in the country who believe that televisions are a luxury they could do without.
b) Verify that the requirements for constructing a confidence interval about p are satisfied.
c) Construct and interpret a 95% confidence interval for the population proportion of adults in the country who believe that televisions are a luxury they could do without. Select the correct choice below and fill in any answer boxes within your choice.
- there is a __% probability the proportion of adults in the country who believe that televisions are a luxury they could do without is between __ and __
- we are __ % confident the proportion of adults in the country who believe that televisions are a luxury they could do without is between __ and __
d) Is it possible that a supermajority (more than 60%) of adults in the country believe that television is a luxury they could do without? Is it likely?
- It is _____ likely that a supermajority of adults in the country believe that television is a luxury they could do without because the 95% confidence interval (does not contain or contain) __
e) Use the results of part (c) to construct a 95% confidence interval for the population proportion of adults in the country who believe that televisions are a necessity.
a)
sample success x = | 534 |
sample size n= | 1001 |
sample proportion (point estimate)= p̂ =x/n= | 0.5335 |
b)
since sample is randomly selected : number of success(534) and number of failures (467) both are greater than 10, we can use normal approximation of binomial distribution for confidence interval
c)
std error se= √(p*(1-p)/n) = | 0.0158 | |
for 95 % CI value of z= | 1.960 | |
margin of error E=z*std error = | 0.0309 | |
lower bound=p̂ -E = | 0.5026 | |
Upper bound=p̂ +E = | 0.5644 |
we are 95 % confident the proportion of adults in the country who believe that televisions are a luxury they could do without is between 0.5026 and 0.5644
d)
It is not likely that a supermajority of adults in the country believe that television is a luxury they could do without because the 95% confidence interval does not contain 60%
e)
sample success x = | 467 | |
sample size n= | 1001 | |
sample proportion p̂ =x/n= | 0.4665 | |
std error se= √(p*(1-p)/n) = | 0.0158 | |
for 95 % CI value of z= | 1.960 | |
margin of error E=z*std error = | 0.0309 | |
lower bound=p̂ -E = | 0.4356 | |
Upper bound=p̂ +E = | 0.4974 |
from above 95% confidence interval for population proportion =(0.4356,0.4974) |