In: Statistics and Probability
A research group conducted an extensive survey of 2854 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?" 1619 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 answers to three decimal places.)
lower limit | |
upper limit |
Solution :
Given that,
n = 2854
x = 1619
Point estimate = sample proportion = = x / n = 1619/2854=0.567
1 - = 1-0.567 =0.433
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Margin of error = E Z/2 *(( * (1 - )) / n)
= 1.645 *((0.567*0.433) /2854 )
E = 0.015
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.567-0.015 < p < 0.567+ 0.015
0.552< p < 0.582
The 90% confidence interval for the population proportion p is : lower limit =0.552,upper limit=0.582