In: Statistics and Probability
Construct a 95% confidence interval to estimate the population proportion using the data below.
x equals 23, n equals 80, N equals 500
The 95% confidence interval for the population proportion is left parenthesis nothing comma nothing right parenthesis . (Round to three decimal places as needed.)
Solution :
Given that,
N = 500
n = 80
x = 23
Point estimate = sample proportion = = x / n = 23 / 80 = 0.288
1 - = 1 - 0.288 = 0.712
n(0.05) N and np(1-p) > 10
80(0.05) 500 = 4 500 and 80*0.288*0.712 > 10 = 16.40 > 10
The conditions are approximately normal.
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.960
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.288 * 0.712) / 80 )
= 0.099
A 95% confidence interval for population proportion p is ,
± E
= 0.288 ± 0.099
= ( 0.189, 0.387 )