In: Statistics and Probability
You want to find the proportion of residents in Richmond who support bringing a professional sports team to the area. Of the 98 people you survey, 43 of them would support a professional team. Create a 95% confidence interval for the proportion of all Richmond residents who would support a professional team. Please show the work so I can understand the math
Solution :
Given that,
n = 98
x = 43
= x / n = 43 / 98 = 0.439
1 - = 1 - 0.439 = 0.561
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
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.439 * 0.561) / 98)
= 0.098
A 95% confidence interval for population proportion p is ,
- E < P < + E
0.439 - 0.098 < p < 0.439 + 0.098
0.341 < p < 0.537
(0.341 , 0.537)