In: Statistics and Probability
Solution:
n = 1500
x = 783
= 783/1500 = 0.522
a)
c = 98% = 0.98
= 1- c = 1- 0.98 = 0.02
/2 = 0.01
= 2.326 (use z table)
Now , the margin of error is given by
E = /2 *
= 2.326* [0.522 *(1 - 0.522)/1500]
= 0.02999944917
Now the confidence interval is given by
( - E) ( + E)
(0.522 - 0.02999944917) (0.522 + 0.02999944917)
0.4920 0.5520
Required 98% Confidence Interval is (49.20 % , 55.20 %)
b)
Margin of error =
E = /2 *
= 2.326* [0.522 *(1 - 0.522)/1500]
= 0.0300
Margin of error = 0.0300
c)
claim : p > 50%
Observe the interval (49.20 % , 55.20 %)
50% is in the interval ,. and lower limit is less than 50%
So ,
The interval does not appear to agree with a vote over 50%.