In: Statistics and Probability
#7. Of 380 randomly selected medical students, 21 said that they planned to work in a rural community. Find a 99% confidence interval for the true proportion of all medical students who plan to work in a rural community.
Solution :
Given that,
n = 380
x = 21
Point estimate = sample proportion = = x / n = 21/380=0.055
1 - = 1- 0.055 =0.945
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 ( Using z table )
Margin of error = E = Z/2 * (((( * (1 - )) / n)
= 2.576* (((0.055*0.945) /380 )
E = 0.030
A 99% confidence interval is ,
- E < p < + E
0.055-0.030 < p <0.055+0.030
0.025< p < 0.085
(0.025 , 0.085)