In: Statistics and Probability
A survey of 1100U.S. adults found that 31%of people said that they would get no work done on Cyber Monday since they would spend all day shopping online. Find the
90%confidence interval of the true proportion. Round intermediate answers to at least five decimal places. Round your final answers to at least three decimal places.
Solution =
Given,
n = 1100 ....... Sample size
Let denotes the sample proportion.
= 31% = 0.31
Our aim is to construct 90% confidence interval.
c = 0.90
= 1- c = 1- 0.90 = 0.10
/2 = 0.10 2 = 0.05 and 1- /2 = 0.950
= 1.645 ......(use z table)
Now , the margin of error is given by
E = Z/2 * [ *(1 - ) / n]
= 1.645 * [ 0.31 *(1 - 0.31 ) / 1100 ]
= 0.02294
Now the confidence interval is given by
( - E) ( + E)
( 0.31 - 0.02294 ) ( 0.31 + 0.02294 )
0.287 0.333
Required 90% Confidence Interval is ( 0.287 , 0.333 )