In: Statistics and Probability
A random sample of 120 observations results in 90 successes.
[You may find it useful to reference the z
table.]
a. Construct the 90% confidence interval for the
population proportion of successes. (Round intermediate
calculations to at least 4 decimal places. Round "z" value
and final answers to 3 decimal
places.)
Confidence interval _____ to _____
b. Construct the 90% confidence interval for
the population proportion of failures. (Round intermediate
calculations to at least 4 decimal places. Round "z" value
and final answers to 3 decimal places.)
Confidence interval _____ to _____
Solution :
Given that,
a)
n = 120
x = 90
Point estimate = sample proportion = = x / n = 0.75
1 - = 0.25
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z 0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 * (((0.75 * 0.25) / 120)
= 0.0650
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.75 - 0.0650 < p < 0.75 + 0.0650
0.6815 < p < 0.8185
Confidence interval 0.6815 to 0.8185.
b)
n = 120
x = 10
Point estimate = sample proportion = = x / n = 0.083
1 - = 0.917
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z 0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 * (((0.083 * 0.917) / 120)
= 0.0414
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.083 - 0.0414 < p < 0.083 + 0.0414
0.0416 < p < 0.1244
Confidence interval 0.0416 to 0.1244.