Question

In: Statistics and Probability

13 con in If n=330 and X = 264, construct a 99% confidence interval. Enter your...

13 con in

If n=330 and X = 264, construct a 99% confidence interval.

  1. Enter your answer as an open-interval (i.e., parentheses) using decimals (not percents) accurate to three decimal places.

    Confidence interval =


  2. Express the same answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.

    < p <


  3. Express the same answer using the point estimate and margin of error. Give your answers as decimals, to three places.

    p =  ±±

Solutions

Expert Solution

a)

Sample proportion = 264 / 330 = 0.8

99% confidence interval for p is

- Z/2 * sqrt [ ( 1 - ) / n ] < p < + Z/2 * sqrt [ ( 1 - ) / n ]

0.8 - 2.5758 * sqrt [ 0.8 * ( 1 - 0.8) / 330] < p < 0.8 + 2.5758 * sqrt [ 0.8 * ( 1 - 0.8) / 330]

0.743 < p < 0.857

99% C I is ( 0.743 , 0.857 )

b)

Sample proportion = 264 / 330 = 0.8

99% confidence interval for p is

- Z/2 * sqrt [ ( 1 - ) / n ] < p < + Z/2 * sqrt [ ( 1 - ) / n ]

0.8 - 2.5758 * sqrt [ 0.8 * ( 1 - 0.8) / 330] < p < 0.8 + 2.5758 * sqrt [ 0.8 * ( 1 - 0.8) / 330]

0.743 < p < 0.857

c)

E = Z/2 * sqrt [ ( 1 - ) / n ]

= 0.8 2.5758 * sqrt [ 0.8 * ( 1 - 0.8) / 330]

= 0.8 0.057


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