Question

Working at home: According to the U.S Census Bureau, 41% of men who worked at home were college graduates. In a sample of 506 women who worked at home, 166 were college graduates. Part: 0 / 30 of 3 Parts Complete Part 1 of 3 (a) Find a point estimate for the proportion of college graduates among women who work at home. Round the answer to at least three decimal places. The point estimate for the proportion of college graduates among women who work at home is .

Answer 1

Solution :

a). The point estimate of proportion of college graduates among women who work at home,

$\hat p =\frac{166}{506}$

  = 0.3281

99.5% confidence interval

$=\left( \hat p \pm Z_{0.005/2} \sqrt{\frac{\hat p (1- \hat p)}{n}} \right)$

$=\left( 0.3281 \pm 2.81 \sqrt{\frac{0.3281 \times (1- 0.3281)}{506}} \right)$

$=(0.3281 \pm 0.0586)$

$=(0.2695, 0.3867)$