In: Statistics and Probability
In a random sample of 80 people, 52 consider themselves as baseball fans. Compute a 92% confidence interval for the true proportion of people consider themselves as baseball fans and fill in the blanks appropriately. We are 92% confident that the true proportion of people consider themselves as baseball fans is between_____ and _______.
Solution :
Given that,
n = 80
x = 52
Point estimate = sample proportion = = x / n = 52/80=0.65
1 - = 1-0.65=0.35
At 92% confidence level
= 1 - 92%
= 1 - 0.92 =0.08
/2
= 0.04
Z/2
= Z0.04= 1.75 ( Using z table )
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.75 (((0.65*0.35) / 80)
E = 0.0933
A 92% confidence interval for population proportion p is ,
- E < p < + E
0.65-0.0933 < p <0.65+ 0.0933
0.5567< p < 0.7433
The 92% confidence interval for the population proportion p is : 0.5567,0.7433