In: Statistics and Probability
n = number of randomly selected adult Americans= 1024
x = number of adults who stated that a candidate’s positions on the issue of family values are extremely or very important in determining their vote for president = 768
Sample proportion:
Point estimate for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is 0.75.
For Confidence level = c = 0.90
90% confidence intervals for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is
where zc is z critical value for (1+c)/2 = (1+0.90)/2 = 0.95 is
zc = 1.645 (From statistical table of z values, average of 1.64 and 1.65, (1.64+1.65)/2 = 1.645)
(Round to 4 decimal)
90% confidence interval for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is (0.7277, 0.7723)
Interpretation: We are 90% confident that true proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president will lie between the interval (0.7277, 0.7723)
For Confidence level = c = 0.95
95% confidence intervals for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is
where zc is z critical value for (1+c)/2 = (1+0.95)/2 = 0.975 is
zc = 1.96 (From statistical table of z values)
(Round to 4 decimal)
95% confidence interval for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is (0.7235, 0.7765)
Interpretation: We are 95% confident that true proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president will lie between the interval (0.7235, 0.7765)
For Confidence level = c = 0.99
99% confidence intervals for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is
where zc is z critical value for (1+c)/2 = (1+0.99)/2 = 0.995 is
zc = 2.58 (From statistical table of z values)
(Round to 4 decimal)
99% confidence interval for the proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president is (0.7151, 0.7849)
Interpretation: We are 99% confident that true proportion of adult Americans for which the issue of family values is extremely or very important in determining their vote for president will lie between the interval (0.7151, 0.7849)
90% Confidence interval is (0.7277, 0.7723)
Width = Upper limit - lower limit
= 0.7723 - 0.7277
= 0.0446
Width of 90% confidence interva is 0.0446
95% Confidence interval is (0.7235, 0.7765)
Width = Upper limit - lower limit
= 0.7765 - 0.7235
= 0.053
Width of 95% confidence interva is 0.053
99% Confidence interval is (0.7151, 0.7849)
Width = Upper limit - lower limit
= 0.7849 - 0.7151
= 0.0698
Width of 99% confidence interva is 0.0698
We can say that as confidence level increases width of confidence interval also increases.