In: Statistics and Probability
A national survey of 1034 parents showed that 848 claimed pizza
was their children's favorite food. Let p represent the
proportion of all parents who claim that pizza is their children's
favorite food. Use 2-decimal accuracy for all results.
The point estimate for p ( ) is ______.
The 98% confidence interval for p is (______ , ______).
Solution :
Given that,
n = 1034
x = 848
Point estimate = sample proportion = = x / n = 848/1034=0.820
1 - = 1- 0.820 =0.18
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
Z/2 = Z0.01 = 2.326 ( Using z table )
Margin of error = E = Z / 2 *( (( * (1 - )) / n)
= 2.326 (((0.82*0.18) / 1034)
= 0.03
A 98% confidence interval is ,
- E < p < + E
0.82-0.03< p < 0.82+0.03
0.79< p < 0.85
The point estimate for p ( ) is __0.82____.
The 98% confidence interval for p is (______ 0.79 ,
0.85______).