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=935 and x equals x=517 who said "yes." Use a 95% confidence level.
Solution :
Given that,
n = 935
x = 517
Point estimate = sample proportion = = x / n = 517/935=0.553
1 - = 1-0.553=0.447
At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.553*0.447) / 935)
= 0.0319
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.553-0.0319 < p <0.553+ 0.0319
0.5211< p < 0.5849
The 95% confidence interval for the population proportion p is : 0.5211, 0.5849