In: Statistics and Probability
in a random sample of 200 people 153 said that they watched educational television find the 99% confidence interval of the true proportion of people who watched educational television round intermediate answers to at least 5 decimal places and final answer to 3
Solution:
Confidence interval for Population Proportion
Confidence Interval = P ± Z* sqrt(P*(1 – P)/n)
Where, P is the sample proportion, Z is critical value, and n is sample size.
We are given
X = 153
n = 200
P = X/n = 153/200 = 0.765
Confidence level = 99%
Critical Z value = 2.5758
(by using z-table)
Confidence Interval = P ± Z* sqrt(P*(1 – P)/n)
Confidence Interval = 0.765 ± 2.5758* sqrt(0.765*(1 – 0.765)/200)
Confidence Interval = 0.765 ± 2.5758* 0.029981
Confidence Interval = 0.765 ± 0.077225
Lower limit = 0.765 - 0.077225 = 0.688
Upper limit = 0.765 + 0.077225 = 0.842
Confidence interval = (0.688, 0.842)