Assume that a sample is used to estimate a population proportion p. Find the 80% confidence interval for a sample of size 227 with 112 successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
____< p < ____
Solution :
Given that,
Point estimate = sample proportion =
= x / n = 112 / 227 = 0.493
1 -
= 1n - 0.493 = 0.507
Z/2
= 1.282
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 1.282 * (((0.493
* 0.507) / 227)
Margin of error = E = 0.043
A 80% confidence interval for population proportion p is ,
- E < p <
+ E
0.493 - 0.043 < p < 0.493 + 0.043
0.450 < p < 0.536
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