Assume that a sample is used to estimate a population proportion p. Find the 99.5% confidence interval for a sample of size 383 with 77% successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
Assume that a sample is used to estimate a population proportion p. Find the 99.5% confidence interval for a sample of size 383 with 77% successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Assume that a sample is used to estimate a population proportion p. Find the 99.5% confidence interval for a sample of size 383 with 77% successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
Expert Solution
Step 1
From the given information, let X be the number of successes.
Let n be the total number items in the sample. n = 383.
Let be the sample proportion of successes.
The given confidence level is,
The level of significance is,
Step 2
Use the following formula to compute the 95% confidence interval for the proportion:
Here, is the critical value.
Compute the critical value using Excel.
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