There are 480 welders employed at the Weller Shipyards Corporation. A sample of 45 welders revealed that 27 had graduated from a registered welding course. Construct the 99% confidence interval for the proportion of all welders who graduated from a registered welding course. (Round the final answers to 3 decimal places.)
Solution :
Given that,
Point estimate = sample proportion =
= x / n = 27 / 45 = 0.600
1 -
= 1 - 0.600 = 0.4
Z/2
= 2.576
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * (((0.600
* 0.4) / 45)
Margin of error = E = 0.188
A 99% confidence interval for population proportion p is ,
- E < p <
+ E
0.600 - 0.188 < p < 0.600 + 0.188
0.412 < p < 0.788
The 99% confidence interval for the population proportion p is : 0.412 , 0.788
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