In: Statistics and Probability
In a random sample of 85 automobile engine crankshaft bearings,
10 have a surface finish that is rougher than the specifications
allow.
(a) Find a point estimate for the true proportion of crankshaft
bearings that exceeds the roughness specification.
(b) Find a 95% two-sided confidence interval for the proportion of
bearing in the population that exceeds the roughness
specification.
(c) What is the margin of error?
Solution :
Given that,
n = 85
x = 10
Point estimate = sample proportion = = x / n = 10/85=0.118
1 - = 1- 0.118 =0.882
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.96 (((0.118*0.882) / 85)
E = 0.0686
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.118- 0.0686< p < 0.118+0.0686
0.0494< p < 0.1866
The 95% confidence interval for the population proportion p is : 0.0494, 0.1866