In: Statistics and Probability
In a survey of 356 randomly selected gun owners, it was found that 82 of them said they owned a gun primarily for protection.
Find the margin of error and 95% confidence interval for the percentage of all gun owners who would say that they own a gun primarily for protection. Round all answers to 3 decimal places.
Margin of Error (as a percentage): %
Confidence Interval: % to %
Solution :
Given that,
n = 356
x = 82
Point estimate = sample proportion = = x / n = 0.230
1 - = 0.770
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.230 * 0.770) / 356)
= 0.044
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.230 - 0.044 < p < 0.230 + 0.044
0.186 < p < 0.274
Margin of Error = 0.044 = 4.4%
Confidence Interval: 18.6% to 27.4%