In: Statistics and Probability
n1=243 n2=405
pˆ1=0.72 p^2=.5
Use this data to find the 95% confidence interval for the true difference between the population proportions.
Step 1 of 3:
Find the critical value that should be used in constructing the confidence interval
Step 2 of 3:
Find the value of the standard error. Round your answer to three decimal places
Step 3 of 3:
Construct the 95%95% confidence interval. Round your answers to three decimal places.
Solution :
Given that,
= 0.72
1- = 0.28
= 0.5
1 - = 0.5
(1)
At 95% confidence level the z is ,
Z/2 = Z 0.025 = 1.96
(2)
the value of the standard error =
[(0.72 * 0.28) / 243 + (0.5 * 0.5) / 405] = 0.038
(3)
95% confidence interval for p1 - p2 is
,
(
-
)
Z/2 *
[(1-
) / n1 +
(1 -
) / n2]
(0.72 - 0.5) 1.96 * [(0.72 * 0.28) / 243 + (0.5 * 0.5) / 405]
0.145 < p1 - p2 < 0.295
(0.145 , 0.295)