In: Statistics and Probability
The population proportion is 0.60. What is the probability that a sample proportion will be within ±0.04 of the population proportion for each of the following sample sizes? Round your answers to 4 decimal places. Use z-table.
A.) n=100 | |
B.) n= 200 | |
C.) n=500 | |
D.) n=1,000 |
Solution:
We are given that: The population proportion is 0.60. that is: p = 0.60
We have to find: the probability that a sample proportion will be within ±0.04 of the population proportion for each of the following sample sizes.
That is we have to find:
Part a) n = 100
Find standard Error of sample proportion:
Thus we get:
Look in z table for z = -0.8 and 0.02 as well as for z = 0.8 and 0.02
From z table we get:
P( Z < -0.82) = 0.2061
P( Z < 0.82) = 0.7939
Thus
Part b) n = 200
Find standard error
Thus we get:
Look in z table for z = -1.1 and 0.05 as well as for z = 1.1 and 0.05
From z table we get:
P( Z < -1.15) = 0.1251
P( Z < 1.15) = 0.8749
Thus
Part c) n = 500
Find standard error
Thus we get:
Look in z table for z = -1.8 and 0.03 as well as for z = 1.8 and 0.03
From z table we get:
P( Z < -1.83) = 0.0336
P( Z < 1.83) = 0.9664
Thus
Part d) n =1000
Find standard error
Thus we get:
Look in z table for z = -2.5 and 0.08 as well as for z = 2.5 and 0.08
From z table we get:
P( Z < -2.58) = 0.0049
P( Z < 2.58) = 0.9951
Thus