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Homework: Review Questions III - 6, 7, 8, 9, 10 ITUT ZU 1:51 PI Sas Score: 0 of 1 pt 8 of 42 (37 complete) HW Score: 86.9%, 3
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Answer #1

Level of Significance,   α =    0.10          
Number of Items of Interest,   x =   4988          
Sample Size,   n =    10000          
                  
Sample Proportion ,    p̂ = x/n =    0.4988          
z -value =   Zα/2 =    1.645   [excel formula =NORMSINV(α/2)]      
                  
Standard Error ,    SE = √[p̂(1-p̂)/n] =    0.005000          
margin of error , E = Z*SE =    1.645   *   0.00500   =   0.0082
                  
90%   Confidence Interval is              
Interval Lower Limit = p̂ - E =    0.49880   -   0.00822   =   0.4906
Interval Upper Limit = p̂ + E =   0.49880   +   0.00822   =   0.5070
                  
90%   confidence interval is (   0.491   < p <    0.507   )

...................

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