In: Statistics and Probability
A) Assume that a sample is used to estimate a population
proportion p. Find the margin of error E that corresponds to the
given statistics and confidence level. Round the margin of error to
four decimal places.
95% confidence; n = 380, x = 47
B) Assume that a sample is used to estimate a population
proportion p. Find the margin of error E that corresponds to the
given statistics and confidence level. Round the margin of error to
four decimal places.
90% confidence; n = 316, x = 183
A)
Given that,
Point estimate = sample proportion = = x / n = 47 / 380 = 0.124
Z/2 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 * (((0.124 * 0.876) / 380)
Margin of error = E = 0.033
B)
Point estimate = sample proportion = = x / n = 183 / 316 = 0.627
Z/2 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 * (((0.627 * 0.373) / 316)
Margin of error = E = 0.045