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
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.3: Measures Of Spread
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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 Statistics homework question answer, step 1, image 1 be the sample proportion of successes. Statistics homework question answer, step 1, image 2

The given confidence level is,

Statistics homework question answer, step 1, image 3

The level of significance is,

Statistics homework question answer, step 1, image 4

 

Step 2

Use the following formula to compute the 95% confidence interval for the proportion:

Statistics homework question answer, step 2, image 1

Here, Statistics homework question answer, step 2, image 2 is the critical value.

Compute the critical value using Excel.

Statistics homework question answer, step 2, image 3

 

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