In: Statistics and Probability
If n = 460 and X = 368, construct a 99% confidence interval for
the population proportion, p.
Give your answers to three decimals
Solution :
Given that,
n = 460
x = 368
Point estimate = sample proportion =
= x / n = 368/460=0.8
1 -
= 1-0.8 =0.2
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 =
0.01
/ 2 = 0.01 / 2 = 0.005
Z/2
= Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2 *
(
(((
* (1 -
)) / n)
= 2.576* (((0.8*0.2)
/460 )
E = 0.048
A 99% confidence interval for population proportion p is ,
- E < p <
+ E
0.8-0.048 < p <0.8+ 0.048
0.752< p < 0.848
The 99% confidence interval for the population proportion p is : 0.752, 0.848