In: Statistics and Probability
For this problem, carry at least four digits after the decimal
in your calculations. Answers may vary slightly due to
rounding.
In a random sample of 532 judges, it was found that 294 were
introverts.
(a) Let p represent the proportion of all judges who
are introverts. Find a point estimate for p. (Round your
answer to four decimal places.)
(b) Find a 99% confidence interval for p. (Round your
answers to two decimal places.)
lower limit | |
upper limit |
Solution :
Given that,
n = 532
x = 294
Point estimate = sample proportion =
= x / n = 294/532 = 0.5526
1 -
= 1-0.5526= 0.4474
At 99% confidence level
= 1-0.99% =1-0.99 =0.01
/2
=0.01/ 2= 0.005
Z/2
= Z0.005 = 2.576
Z/2
= 2.576
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * ((0.5526*(0.4474)
/ 532)
= 0.056
A 95% confidence interval for population proportion p is ,
- E < p <
+ E
0.5526 -0.056 < p < 0.5526+0.056
( 0.50 , 0.61 )
Lower limit = 0.50
Upper limit = 0.61