In: Statistics and Probability
For this problem, carry at least four digits after the decimal
in your calculations. Answers may vary slightly due to
rounding.
A random sample of 5000 permanent dwellings on an entire
reservation showed that 1669 were traditional hogans.
(a) Let p be the proportion of all permanent dwellings on the entire reservation that are traditional hogans. Find a point estimate for p. (Round your answer to four decimal places.)
= 0.3338
(b) Find a 99% confidence interval for p. (Round your
answer to three decimal places.)
lower limit | |
upper limit |
Solution :
Given that,
n = 5000
x = 1669
a
Point estimate = sample proportion = = x / n = 1669/5000=0.334
1 - = 1- 0.334 =0.666
b
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* (((0.334*0.666) /5000 )
E = 0.017
A 99% confidence interval is ,
- E < p < + E
0.334 - 0.017 < p < 0.334+0.017
0.317< p < 0.351
lower limit 0.317 | |
upper limit 0.351 |