In a recent survey of 850 students, it was found that 476 of them have laptops. a. Find the sample proportion p ̂. b. Find a 95% confidence interval for the actual proportion of students who have laptops.
We have sample of 850 students.
Out of which 476 have laptops.
a.)Sample proportion "p = \\dfrac{476}{850}"
b.) Confidence interval can be given as "p \\pm z\\sqrt{\\dfrac{p(1-p)}{n}}"
Value of z at 95% confidence level is 1.96
Hence, Confidence interval "= \\dfrac{476}{850} \\pm 1.96 \\sqrt{\\dfrac{0.56\\times 0.44}{850}}"
"= 0.56 \\pm 0.03"
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