In: Math
1. Assume that a sample is used to estimate a population proportion p. Find the 99.9% confidence interval for a sample of size 159 with 40% successes. Enter your answer as an open-interval (i.e., parentheses) using decimals (not percents) accurate to three decimal places.
C.I. =
Solution :
Given that,
n = 159
Point estimate = sample proportion = =0.40
1 - = 0.60
At 99.9% confidence level the z is ,
= 1 - 99.9% = 1 - 0.999 = 0.001
/ 2 = 0.001 / 2 = 0.0005
Z/2 = Z0.0005 = 3.291
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 3.291 * (((0.40*0.60) / 159)
= 0.128
A 99.9% confidence interval for population proportion p is ,
- E < p < + E
0.40 - 0.128 < p < 0.40 + 0.128
0.272 < p < 0.528
CI = ( 0.272 , 0.528 )