In: Math
For this problem, carry at least four digits after the decimal
in your calculations. Answers may vary slightly due to
rounding.
In a random sample of 69 professional actors, it was found that 39
were extroverts.
(a) Let p represent the proportion of all actors who
are extroverts. Find a point estimate for p. (Round your
answer to four decimal places.)
(b) Find a 95% confidence interval for p. (Round your
answers to two decimal places.)
lower limit:
upper limit:
Solution :
Given that,
n = 69
x = 39
Point estimate = sample proportion = = x / n = 39 / 69 = 0.5652
1 - = 1 - 0.5652 = 0.4348
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.5652 * 0.4348) /69 )
= 0.12
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.5652 - 0.12 < p < 0.5652 + 0.12
0.45 < p < 0.69
lower limit: 0.45
upper limit: 0.69
0.45 and