In: Statistics and Probability
A 2003 Gallup poll asked 804 American adults who ate at fast food restaurants at least monthly, if they would choose a healthier menu option or stick with their current favorite item.
350 said they would choose a healthier menu option.
When the researchers report this result, what margin of error should they state (for 95% confidence)?
lower limit = ____________________
Upper limit = ____________________
Margin of error = ± __________________________ (express as a decimal to 4 decimal places)
Sample proportion = 350 / 804 = 0.4353
95% confidence interval is
- Z * sqrt( ( 1 - ) / n) < p < + Z * sqrt( ( 1 - ) / n)
0.4353 - 1.96 * sqrt( 0.4353 * 0.5647 / 804) < p < 0.4353 + 1.96 * sqrt( 0.4353 * 0.5647/ 804)
0.4010 < p < 0.4696
Lower limit = 0.4010
Upper limit = 0.4696
Margin of error = Z * sqrt( ( 1 - ) / n)
= 1.96 * sqrt( 0.4353 * 0.5647 / 804)
= 0.0311