In: Statistics and Probability
The manager of a large supermarket took a random sample of
1400 egg cartons and found that 112 cartons had at least one
broken egg.
a. Find a point estimate for the proportion of all egg cartons
that have at least one broken egg.
Ans 10a______________
b. Estimate this proportion using 92% C.I.
Solution:
Given,
n = 1400 ....... Sample size
x = 112 .......no. of successes in the sample
a)
Let
denotes the sample proportion.
= x/n = 112/1400 = 0.08
Point estimate is 0.08
b)
Our aim is to construct 92% confidence interval.
c = 0.92
= 1- c = 1- 0.92 = 0.08
/2
= 0.04
= 1.751 ..(use z table)
Now , the margin of error is given by
E =
/2
*
= 1.751 *
[0.08 *(1 - 0.08)/1400]
= 0.013
Now the confidence interval is given by
(
- E)
(
+ E)
(0.08 - 0.013)
(0.08 + 0.013)
0.067
0.093
Required 92% Confidence Interval is (0.067 , 0.093 )