In: Statistics and Probability
Assume that a sample is used to estimate a population proportion
p. Find the 80% confidence interval for a sample of size
131 with 56 successes. Enter your answer as a tri-linear inequality
using decimals (not percents) accurate to three decimal
places.
< p <
Answer should be obtained without any preliminary rounding.
However, the critical value may be rounded to 3 decimal places.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 26 / 131 = 0.427
1 - = 1 - 0.427 = 0.573
Z/2 = 1.282
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.282 * (((0.427 * 0.573) / 131)
Margin of error = E = 0.055
A 80% confidence interval for population proportion p is ,
- E < p < + E
0.427 - 0.055 < p < 0.427 + 0.055
0.372 < p < 0.482