In: Statistics and Probability
If n=560 and p' (p-prime) = 0.87, construct a 99% confidence
interval.
Give your answers to three decimals.
Solution :
Given that,
n = 560
= 0.87
1 - = 1 - 0.87 = 0.13
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
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576 * (((0.87 * 0.13) / 560)
= 0.037
A 99% confidence interval for population proportion p is ,
- E < P < + E
0.87 - 0.037 < p < 0.87 + 0.037
0.833 < p < 0.907
(0.833,0.907)
The 99% confidence interval 0.833 to 0.907