In: Statistics and Probability
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.
A random sample of 5805 physicians in Colorado showed that 3035 provided at least some charity care (i.e., treated poor people at no cost).
(a) Let p represent the proportion of all Colorado physicians who provide some charity care. Find a point estimate for p. (Round your answer to four decimal places.)
(b) Find a 99% confidence interval for p. (Round your answers to three decimal places.)
lower limit
upper limit
Part 2
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.
In a random sample of 64 professional actors, it was found that 40 were extroverts.
(a) Let p represent the proportion of all actors who are extroverts. Find a point estimate for p. (Round your answer to four decimal places.)
(b) Find a 95% confidence interval for p. (Round your answers to two decimal places.)
lower limit
upper limit
(1)
(a)
n = Sample Size = 5805
p = Sample Proportion = 3035/5805 =0.5228
so,
point estimate = 0.5228
(b)
q =1 - p = 0.4772
SE =
= 0.01
From Table, critical values of Z = 2.576
Confidence Interval:
0.5228 (2.576 X 0.006555)
= 0.5228 0.0169
= ( 0.5059, 0.5397)
So,
Confidence Interval:
0.5059 <P < 0.5397
So
Lower Limit = 0.5059
Upper limit = 0.5397
(2)
(1)
(a)
n = Sample Size = 64
p = Sample Proportion = 40/64 =0.6250
so,
point estimate = 0.6250
(b)
q =1 - p = 0.3750
SE =
= 0.05
From Table, critical values of Z = 1.96
Confidence Interval:
0.6250 (1.96 X 0.0605)
= 0.6250 0.1186
= ( 0.5064, 0.7436)
So,
Confidence Interval:
0.5064 <P < 0.7436
So
Lower Limit = 0.5064
Upper limit = 0.7436