Answer:
Given,
sample n = 200
x = 180
sample proportion p^ = x/n = 180/200 = 0.90
a)
Here at 98% CI, z value is 2.33
98% CI = p^ +/- z*sqrt(p^(1-p^)/n)
substitute values
= 0.90 +/- 2.33*sqrt(0.9(1-0.9)/200)
= 0.90 +/- 0.05
= (0.85 , 0.95)
b)
E = 0.04
consider,
E = z*sqrt(p^(1-p^)/n)
0.04 = z*sqrt(0.9(1-0.9)/200)
z = 1.89
since from standard normal table
Confidence interval = 94%
c)
Here z at 99% CI is 2.58
E = z*sqrt(p^(1-p^)/n)
0.005 = 2.58*sqrt(0.9(1-0.9)/n)
On solving we get
sample n = 23963.04
n = 23963
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A random sample of 320 medical doctors showed that 180 had a solo practice. (a) Let p represent the proportion of all medical doctors who have a solo practice. Find a point estimate for p. (Use 3 decimal places.) (b) Find a 98% confidence interval for p. (Use 3 decimal places.) lower limit upper limit Give a brief explanation of the meaning of the interval. 98% of the all confidence intervals would include the true proportion of physicians with solo...