EMC research conducted a poll between Jan. 14 and Jan 22 2014. They asked a SRS of 805 voting Seattlites if they supported the minimum raise hike to $15/hr. They found a sample proportion of 68%. What is a 95% confidence interval for the true proportion? 2. EMC research conducted a poll between Jan. 14 and Jan 22 2014. They asked a SRS of 805 voting Seattlites if they supported the minimum raise hike to $15/hr. They found a sample proportion of 68%. What is a 90% confidence interval for the true proportion?
1.
95% confidence interval:
"p_0-Z_{0.95}\\sqrt{\\frac{p_0(1-p_0)}{n}}<p<p_0+Z_{0.95}\\sqrt{\\frac{p_0(1-p_0)}{n}}"
where "p_0=0.68,n=805"
"p_0-Z_{0.95}\\sqrt{\\frac{p_0(1-p_0)}{n}}=0.68-1.96\\sqrt{\\frac{0.68\\cdot0.32}{805}}=0.65"
"p_0+Z_{0.95}\\sqrt{\\frac{p_0(1-p_0)}{n}}=0.68+1.96\\sqrt{\\frac{0.68\\cdot0.32}{805}}=0.71"
"0.65<p<0.71"
2.
90% confidence interval:
"p_0-Z_{0.9}\\sqrt{\\frac{p_0(1-p_0)}{n}}<p<p_0+Z_{0.9}\\sqrt{\\frac{p_0(1-p_0)}{n}}"
where "p_0=0.68,n=805"
"p_0-Z_{0.9}\\sqrt{\\frac{p_0(1-p_0)}{n}}=0.68-1.645\\sqrt{\\frac{0.68\\cdot0.32}{805}}=0.653"
"p_0+Z_{0.9}\\sqrt{\\frac{p_0(1-p_0)}{n}}=0.68+1.645\\sqrt{\\frac{0.68\\cdot0.32}{805}}=0.707"
"0.653<p<0.707"
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