Q1:
a)
n = 67410, x = 2832
p̅ = x/n = 0.042
95% Confidence interval :
At α = 0.05, two tailed critical value, z_c = NORM.S.INV(0.05/2) = 1.960
Lower Bound = p̄ - z_c*√( p̄ *(1- p̄ )/n) = 0.042 - 1.96 *√(0.042*0.958/67410) = 0.0405
Upper Bound = p̄ + z_c*√( p̄ *(1- p̄ )/n) = 0.042 + 1.96 *√(0.042*0.958/67410) = 0.0435
4.05% < p < 4.35%
b) The confidence interval will be narrower as the proportion has decreased.
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2. n = 312, p = 0.48
Mean, µ = n*p = 312 * 0.48 = 149.76
Standard deviation, σ = √(n*p*(1-p)) = √(312 * 0.48 * 0.52) = 8.8247
P(X ≥ 156)
= P((X - µ)/σ ≥ (156 - 149.76)/8.8247)
= P(z ≥ 0.7071)
= 1 - P(z < 0.7071)
Using excel function:
= 1 - NORM.S.DIST(0.7071, 1)
= 0.2398
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