Use the sample data and confidence level given below to complete parts (a) through (d).
1 answer:
Answer:
Given that,
Sample size,
n
=
4369
Sample proportion,
^
p
=
185
4369
=
0.0423
a)
The sample proportion is a point estimate of the population proportion.
^
p
=
0.0423
b)
The margin of error is defined as:
M
E
=
Z
0.10
/
2
×
√
^
p
(
1
−
^
p
)
n
Excel function for the confidence coefficient:
=NORMINV(0.10/2,0,1)
M
E
=
1.645
×
√
0.0423
(
1
−
0.0423
)
4369
M
E
=
0.005
c)
The 90% confidence interval for the population proportion is defined as:
^
p
±
z
0.10
/
2
√
^
p
(
1
−
^
p
)
n
0.0423
±
1.645
√
0.0423
(
1
−
0.0423
)
4369
(
0.0373
,
0.0473
)
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