In: Statistics and Probability
A random sample found that forty percent of 100 Americans were satisfied with the gun control laws in 2017. Compute a 99% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2017. Fill in the blanks appropriately. A random sample found that forty percent of 100 Americans were satisfied with the gun control laws in 2017. Compute a 99% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2017. Fill in the blanks appropriately. A 99% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2017 is (____,____ ) (round to 3 decimal places)
Solution :
Given that,
n = 100
Point estimate = sample proportion = = 0.40
1 - = 1 -0.40 =0.60
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576 (((0.40*0.60) / 100)
E = 0.126
A 99% confidence interval for population proportion p is ,
- E < p < + E
0.40- 0.126< p < 0.40+ 0.126
0.274< p < 0.526
The 99% confidence interval for the population proportion p is : 0.274, 0.526