The sample proportion is computed as follows, based on the sample size N=1200 and the number of favorable cases X=842:
p^=NX=1200842≈0.701667
The critical value for α=0.05 is zc=z1−α/2=1.96.
The corresponding confidence interval is computed as shown below:
CI(Proportion)=(p^−zcnp^(1−p^),
p^+zcnp^(1−p^))
=(0.701667−1.9612000.701667(1−0.701667),
0.701667+1.9612000.701667(1−0.701667))
=(0.615,0.788)
Therefore, based on the data provided, the 95% confidence interval for the population proportion is 0.615<p<0.788, which indicates that we are 95% confident that the true population proportion p is contained by the interval (0.615,0.788).
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