Question

In: Math

An environmentalist wants to find out the fraction of oil tankers that have spills each month....

An environmentalist wants to find out the fraction of oil tankers that have spills each month.

Step 1 of 2:

Suppose a sample of 292 tankers is drawn. Of these ships, 58 had spills. Using the data, estimate the proportion of oil tankers that had spills. Enter your answer as a fraction or a decimal number rounded to three decimal places.

Step 2 of 2:

Suppose a sample of 292 tankers is drawn. Of these ships, 58 had spills. Using the data, construct the 80% confidence interval for the population proportion of oil tankers that have spills each month. Round your answers to three decimal places.

Solutions

Expert Solution

Solution :

Given that,

n = 292

x = 58

= x / n =58 /292 = 0.199

1 - = 1 - 0.199= 0.801

proportion   = 0.199

At 80% confidence level the z is ,

= 1 - 80% = 1 - 0.80 = 0.20

/ 2 = 0.20 / 2 = 0.10

Z/2 = Z0.10 = 1.282

Margin of error = E = Z / 2 * (( * (1 - )) / n)

= 1.282 * (((0.199 * 0.801) / 292) = 0.030

A 80 % confidence interval for population proportion p is ,

- E < P < + E

0.199 - 0.030< p < 0.199 + 0.030

0.169 < p < 0.229

The 80% confidence interval for the population proportion p is : ( 0.169 , 0.229)


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