In: Statistics and Probability
Out of 300 people sampled, 78 had kids. Based on this, construct
a 95% confidence interval for the true population proportion of
people with kids.
Give your answers as decimals, to three places
< p <
Solution :
Given that,
n = 300
x = 78
Point estimate = sample proportion = = x / n = 78/300=0.26
1 - = 1- 0.26 =0.74
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.96 (((0.26*0.74) / 300)
E = 0.04963
=0.050 rounded
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.26 - 0.050 < p < 0.26 +0.050
(0.210 , 0.310)