In: Statistics and Probability
Use the sample data and confidence level given below to complete parts (a) through (d). A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n equals n=1087 and x equals x=553 who said "yes." Use a 90% confidence level.
Solution :
Given that,
n = 1087
x = 553
Point estimate = sample proportion = = x / n = 553/1087=0.509
1 - = 1- 0.509 =0.491
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Margin of error = E Z/2 *(( * (1 - )) / n)
= 1.645 *((0.509*0.491) / 1087)
E = 0.025
A 90% confidence interval proportion p is ,
- E < p < + E
0.509-0.025 < p < 0.509+0.025
0.484< p < 0.534
(0.484 , 0.534)