In: Statistics and Probability
16) A research group conducted an extensive survey of 2859 wage and salaried workers on issues ranging from relationships with their bosses to household chores. The data were gathered through hour-long telephone interviews with a nationally representative sample. In response to the question, "What does success mean to you?" 1638 responded, "Personal satisfaction from doing a good job." Let p be the population proportion of all wage and salaried workers who would respond the same way to the stated question. Find a 90% confidence interval for p. (Round your answers to three decimal places.) lower limit upper limit.
Solution :
Given that,
n = 2859
x = 1638
Point estimate = sample proportion = = x / n = 1638/2859=0.573
1 - = 1- 0.573 =0.427
At 90% confidence level the z is
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
Z/2 = Z0.05 = 1.645 ( Using z table )
Margin of error = E Z/2 * (( * (1 - )) / n)
= 1.645 *((0.573*0.427) / 2859)
E = 0.015
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.573-0.015< p <0.573+ 0.015
0.558< p < 0.588
The 90% confidence interval for the population proportion p is :lower limit =0.558,upper limit=0.588