Answer to Question #184147 in Statistics and Probability for Jii

Question #184147

Calculate the confidence interval to estimate the population proportion, given the following data: a. n=400; p ̂ = 0.70; confidence level : 95% and b. n=700; p ̂ = 0.45; confidence level : 99%. 


1
Expert's answer
2021-05-12T02:04:04-0400

a.) p=0.70p = 0.70


n=400n = 400


We know confidence interval can be given as,


CI=p±zp(1p)nCI = p \pm z \sqrt{\dfrac{p(1-p)}{n}}


z=1.96z= 1.96 for 95% Confidence level.


CI=0.70±1.960.70×0.30400CI = 0.70 \pm 1.96 \sqrt{\dfrac{0.70\times 0.30}{400}}


CI=0.70±0.045CI = 0.70 \pm 0.045


b.) z=2.57z= 2.57 for 99% confidence interval.


n=700n= 700


p=0.45p = 0.45


CI=0.45±2.570.45×0.55700CI = 0.45 \pm 2.57\sqrt{\dfrac{0.45 \times 0.55}{700}}


CI=0.45±0.048CI= 0.45 \pm 0.048


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