In: Statistics and Probability
A random sample of 350 voters from Delaware finds that 105 of them intend to vote for Bill McNeely in an upcoming election for Governor. Construct a 96% confidence interval for the population proportion of voters who intend to vote for Bill McNeely. Enter the lower and upper bounds for the interval in the following boxes, respectively. You may answer using decimals rounded to four places or a percentage rounded to two. Make sure to use a percent sign if you answer using a percentage.
Solution :
Given that,
Point estimate = sample proportion = = x / n = 105 / 350 = 0.3
1 - = 0.7
Z/2 = 2.054
Margin of error = E = Z / 2 * [ * (1 - ) / n]
= 2.054 * [(0.3 * 0.7) / 350]
= 0.050
A 96% confidence interval for population proportion p is ,
- E < p < + E
0.3 - 0.050 < p < 0.3 + 0.050
0.2500 < p < 0.3500
Lower bound = 0.2500
Upper bound = 0.3500