In: Statistics and Probability
7. A 95% confidence interval for the proportion of adults in Portland who have an iPhone is (0.303, 0.437). Find the number of people in the sample.7. A 95% confidence interval for the proportion of adults in BBC who have an iPhone is (0.303, 0.437). Find the number of people in the sample??
Solution :
Point estimate = = (Lower confidence interval + Upper confidence interval ) / 2
Point estimate = = (0.303 + 0.437) / 2
Point estimate = = 0.37
Margin of error = E = Upper confidence interval -
Margin of error = E = 0.437 - 0.37
Margin of error = E = 0.067
= 0.37
1 - = 1 - 0.37 = 0.63
margin of error = E = 0.067
At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.067)2 * 0.37 * 0.63
= 855.78
sample size = n = 856