In: Statistics and Probability
Out of 600 people sampled, 390 preferred Candidate A. Based on this, find a 99% confidence level for the true proportion of the voting population ( p ) prefers Candidate A. Give your answers as decimals, to three places.
Confidence Interval for the true proportion:

Sample Proportion
n : Sample Size : Number of people sampled = 600
Number of people preferred candidate 'A' = 390
Sample Proportion : Sample proportion of people preferred Candidate
'A' = 390/600 = 0.65
| Confidence Level | 99% |
(=
100-99/100=1/100 ) = 0.01 |
0.01 |
/2
(=0.01/2=0.005) |
0.005 |
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2.5758 |
99% confidence level for the true proportion of the voting population ( p ) prefers Candidate A



99% confidence level for the true proportion of the voting population ( p ) prefers Candidate A = (0.600, 0.700)