In: Statistics and Probability
In a survey regarding an upcoming presidential primary, 1000 people were asked whether or not they favor a particular candidate. 214 of the respondents indicated that they favor the candidate. Form a 95% confidence interval for the proportion of voters who favor the candidate.
Solution :
Given that,
n = 1000
x = 214
Point estimate = sample proportion =
= x / n = 214/1000=0.214
1 -
= 1-0.214=0.786
At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96 ( Using z table ( see the 0.025 value in
standard normal (z) table corresponding z value is 1.96 )
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 1.96 (((0.214*0.786)
/1000 )
= 0.013
A 95% confidence interval for the proportion of voters who favor the candidate.
- E < p <
+ E
0.214-0.013 < p < 0.214+0.013
0.201< p < 0.227
95% confidence interval for the proportion of voters who favor the candidate.
(0.201,0.227)