In: Statistics and Probability
Gamers are described as people who regularly play video games. A random sample of 80 people were selected and found 50 to be mail. The 99% confidence interval for the proportion based on the sample is
Solution :
Given that,
n = 80
x = 50
Point estimate = sample proportion = = x / n = 50/80=0.625
1 - = 1- 0.625 =0.375
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* (((0.625*0.375) /80 )
E = 0.139
A 99% confidence interval for proportion p is ,
- E < p < + E
0.625-0.139 < p < 0.625+0.139
0.486< p < 0.764
The 99% confidence interval for the proportion p is : (0.486 ,0.764)