In: Statistics and Probability
Assume that a sample is used to estimate a population proportion
p. Find the 80% confidence interval for a sample of size
176 with 87 successes. Enter your answer as an
open-interval (i.e., parentheses) using
decimals (not percents) accurate to three decimal places.
C.I. = _________
Given
n = 176 …Sample Size
p̂ = 87/176 = 0.4943 … Sample proportion of
successes
To find 80% confidence interval for population proportion
p
For 80%, α = 0.20, α/2 =
0.10
From the z-tables, or Excel function
NORM.S.INV(α/2)
z = NORM.S.INV(0.10) = 1.96 =
1.282
(We take the positive value for
calculations)
z = 1.282
Confidence interval is given by
= (0.446, 0.543)
C.I. = (0.446, 0.543)