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please answer all parts in detail thank u :)

A random sample of 120 parts was taken from a big lot and was found that 111 of them met specification (a) [5 points] Constru

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Answer #1

Solution :

a ) Given that

n = 120

x = 111

\hat p = x / n = 111 / 120 = 0.925

1 -\hat p = 1 - 0.925 = 0.075

At 99% confidence level the z is ,

\alpha  = 1 - 99% = 1 - 0.99 = 0.01

\alpha / 2 = 0.01 / 2 = 0.005

Z\alpha/2 = Z0.005 = 2.576

Margin of error = E = Z\alpha / 2 * \sqrt((\hat p * (1 - \hat p)) / n)

= 2.576 * (\sqrt((0.925 * 0.075) / 120)

= 0.062

A 99% confidence interval for population proportion p is ,

\hat p- E < P <\hat p + E

0.925 - 0.062 < p < 0.925 + 0.062

0.863 < p < 0.987

b ) Given that,

\hat p\hatp = 0.5

1 - \hat p = 1 - 0.5 = 0.5

margin of error = E = 4% = 0.04

At 95% confidence level the z is ,

\alpha = 1 - 95% = 1 - 0.95 = 0.05

\alpha / 2 = 0.05 / 2 = 0.025

Z\alpha/2 = Z0.025 = 1.960

Sample size = n = ((Z\alpha / 2) / E)2 * \hat p * (1 - \hat p )

= (1.960 / 0.04)2 * 0.5 * 0.5

= 600.23

= 600

n = sample size = 600

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