Suppose we would like to gauge voters’ preferences for the President of Mars’ election. In an exit poll with a random sample of 120 voters, 30 voted for Mark Zuckerberg and 90 voted for Elon Musk. For the following, report your answers in 3 decimal places.
(a) Construct a 98% Wilson score confidence interval for Mars’ population proportion p supporting Elon Musk.
(b) Construct a 98% Wald confidence interval for p.
(c) Explain why Wald confidence intervals can have lower coverage in practice when compared to Wilson score confidence intervals
We have given that,
With a random sample of 120 voters, 30 voted for Mark Zuckerberg and 90 voted for Elon Musk
"p_1 = \\dfrac{30}{120} = 0.25"
"p_2 = \\dfrac{90}{120} = 0.75"
a.) "CI= p_1 \\pm z\\sqrt{\\dfrac{p_1(1-p_1)}{n}}"
"CI = 0.25 \\pm2.33 \\sqrt{\\dfrac{0.25 \\times 0.75}{120}}"
"CI = 0.25 \\pm 0.092"
b.) "CI= p_2 \\pm z\\sqrt{\\dfrac{p_2(1-p_2)}{n}}"
"CI = 0.75 \\pm2.33 \\sqrt{\\dfrac{0.25 \\times 0.75}{120}}"
"CI = 0.75 \\pm 0.092"
c.) We can clearly see that wald confidence interval have lower average coverage because the proportion for the wald's score is more as compared to wilson.
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