In: Statistics and Probability
Thirty five percent of adult Americans are regular voters. A random sample of 350 adults in a medium size college town were surveyed, and it was found that 155were regular voters. Estimate the true proportion with 95% confidence and comment on your results.Write a conclusion for the confidence interval.Round to 3 decimalplaces.
Solution :
Given that,
n = 350
x = 155
Point estimate = sample proportion = = x / n = 155 / 350 = 0.443
1 - = 1 - 0.443 = 0.557
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.960
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.443 * 0.557) / 350)
= 0.052
At 95% confidence interval for population proportion p is ,
- E < p < + E
0.443 - 0.052 < p < 0.443 + 0.052
0.391 < p < 0.495
( 0.391 , 0.495 )
The 95% confidence interval for the true population proportion p is : ( 0.391 , 0.495 )