46 % of the 100 students in Emmie Xi Hem International School students said that they had been late in their first period classes. What is the lower bound of the 99% confidence interval for the proportion of students in the said school who had been late in their first period classes.
Note: Write your answers in decimal form and round it to 4 decimal places.
Confidence intervals for a proportion are calculated using the following formula:
"\\hat{p} \\pm Z_{\\alpha\/2} \\sqrt{\\cfrac{\\hat{p}(1-\\hat{p}) } {n} }"
The lower bound:
"\\hat{p} - Z_{\\alpha\/2} \\sqrt{\\cfrac{\\hat{p}(1-\\hat{p}) } {n} }"
"\\hat{p}=0.46-" the sample proportion,
"n=100-" the sample size,
for 99% confidence interval "Z_{\\alpha\/2} =2.576,"
"\\hat{p} - Z_{\\alpha\/2} \\sqrt{\\cfrac{\\hat{p}(1-\\hat{p}) } {n} } =\\\\\n=0.46 - 2.576\\sqrt{\\cfrac{0.46(1-0.46) } {100} } =\\\\\n=0.3316."
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