In: Math
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.
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)