In: Statistics and Probability
construct and interpret a 78% confidence interval for the population proportion with n=1200 and x=400
Solution :
Given that,
n = 1200
x = 400
Point estimate = sample proportion = = x / n = 400/1200=0.333
1 - = 1- 0.333 =0.667
At 78% confidence level the z is ,
Z/2 = Z0.11 = 1.23 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.23* (((0.333*0.667) /1200 )
E = 0.0167
A 78% confidence interval for population proportion p is ,
- E < p < + E
0.333- 0.0167< p <0.333 +0.0167
0.3163< p < 0.3497
The 78% confidence interval for the population proportion p is : 0.3163, 0.3497