In: Statistics and Probability
Construct a
99%
confidence interval of the population proportion using the given information.
x=120, n=200
The lower bound is
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The upper bound is
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(Round to three decimal places as needed.)
Solution :
Given that,
n = 200
x = 120
= x / n = 120 /200 = 0.60
1 - = 1 - 0.60 = 0.40
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
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.576 * (((0.60 * 0.40) / 200) = 0.089
At 99 % confidence interval for population proportion p is ,
- E < P < + E
0.60 - 0.089< p < 0.60 + 0.089
0.511 < p < 0.689
The 99% confidence interval for the population proportion p is : (lower bound = 0.511 upper bound = 0.689)