In: Statistics and Probability
Assume that a sample is used to estimate a population proportion p. Find the 80% confidence interval for a sample of size 324 with 67% successes.
A. Enter your answer as an open-interval (i.e., parentheses) using decimals (not percents) accurate to three decimal places.
Confidence interval =
B. Express 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 = ±
A)
80% confidence interval for p is
- Z/2 * sqrt [ ( 1 - ) / n ] < p < + Z/2 * sqrt [ ( 1 - ) / n ]
0.67 - 1.2816 * sqrt [ 0.67 ( 1 - 0.67) /324) < p < 0.67 + 1.2816 * sqrt [ 0.67 ( 1 - 0.67) /324)
0.637 < p < 0.703
95% CI is ( 0.637 , 0.703 )
b)
80% confidence interval for p is
- Z/2 * sqrt [ ( 1 - ) / n ] < p < + Z/2 * sqrt [ ( 1 - ) / n ]
0.67 - 1.2816 * sqrt [ 0.67 ( 1 - 0.67) /324) < p < 0.67 + 1.2816 * sqrt [ 0.67 ( 1 - 0.67) /324)
0.637 < p < 0.703
c)
E = Z/2 * sqrt [ ( 1 - ) / n ]
= 0.67 1.2816 * sqrt [ 0.67 ( 1 - 0.67) /324)
= 0.67 0.033