Construct a 95% confidence interval of the population proportion using the given information.
x = 75, n = 150
The lower bound is _______
The upper bound is _______
Solution :
Given that,
n =150
x = 75
Point estimate = sample proportion = = x / n = 75/150=0.5
1 - = 1- 0.5 = 0.5
At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.5*0.5) /150 )
= 0.080
A 95% confidence interval for population proportion p is ,
- E < p < + E
0.5 -0.080 < p < 0.5+ 0.080
0.420< p < 0.580
lower bound =0.420 upper bound 0.580
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