In: Statistics and Probability
In our Condor Cafe, the Oxnard College Culinary Program offers the most delicious and affortable breakfast and lunch choices among the 152 Community Colleges in California. This week, a random sample of 186 orders were recorded, and 57 orders were for the $5-meals. Please find the 99.9% confidence interval for the true proportion of the orders for the $5-meals.
A. Enter your answer as an open-interval (i.e., parentheses) using decimals (not percents) accurate to three decimal places.
Confidence interval =
B. xpress the same answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
< p <
C. Express the same answer using the point estimate and margin of error. Give your answers as decimals, to three places.
p = ±
Solution :
Given that,
A) n = 186
x = 57
Point estimate = sample proportion = = x / n = 57 / 186 = 0.306
1 - = 1 - 0.306 = 0.694
At 99.9% confidence level
= 1 - 99.9%
=1 - 0.999 =0.001
/2
= 0.0005
Z/2
= Z0.0005 = 3.291
Margin of error = E = Z / 2 * (( * (1 - )) / n)
E = 3.291 (((0.306 * 0.694) / 186)
E = 0.111
A 95% confidence interval for population proportion p is
B) - E < p < + E
0.306 - 0.111 < p < 0.306 + 0.111
( 0.195 < p < 0.417 )
C) ± E
= 0.306 ± 0.111
= ( 0.195, 0.417 )