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Please help! see attached

Please help! see attached-example-1

2 Answers

6 votes

Answer: 0.5262 - 0.5538

Explanation:

1) Find the standard deviation with the given information:

n=5000

p=54% ⇒ 0.54

1-p = 1 - 0.54 = 0.46


\sigma =\sqrt{(p(1-p))/(n)}\\\\\\.\ =\sqrt{(0.54(0.46))/(5000)}\\\\\\.\ =\sqrt{(0.2484)/(5000)}\\\\\\.\ =√(0.00004968)\\\\\\.\ =0.007048

2) Find the margin of error (ME) with the given information:

C=95% ⇒ Z = 1.960

σ=0.007048

ME = Z × σ

= 1.96 (0.007048)

= 0.01381

3) Find the confidence interval with the given information:

p = 0.54

ME = 0.01381

C = p ± ME

= 0.54 ± 0.01381

= (0.5262, 0.5538)

User John Braxler
by
6.8k points
3 votes

Answer:

  1. The lowest value of the confidence interval is 0.5262 or 52.62%
  2. The highest value of the confidence interval is 0.5538 or 55.38%

Explanation:

Here you estimate the proportion of people in the population that said did not have children under 18 living at home.It can also be given as a percentage.

The general expression to apply here is;


C.I=p+-z*\sqrt{(p(1-p))/(n) }

where ;

p=sample proportion

n=sample size

z*=value of z* from the standard normal distribution for 95% confidence level

Given;

n=5000

Find p

From the question 54% of people chosen said they did not have children under 18 living at home


(54)/(100) *5000 = 2700\\\\p=(2700)/(5000) =0.54

To calculate the 95% confidence interval, follow the steps below;

  • Find the value of z* from the z*-value table

The value of z* from the table is 1.96

  • calculate the sample proportion p

The value of p=0.54 as calculated above

  • Find p(1-p)


0.54(1-0.54)=0.2484

  • Find p(1-p)/n

Divide the value of p(1-p) with the sample size, n


(0.2448)/(5000) =0.00004968

  • Find the square-root of p(1-p)/n


=√(0.00004968) =0.007048

  • Find the margin of error

Here multiply the square-root of p(1-p)/n by the z*


=0.007048*1.96=0.0138

The 95% confidence interval for the lower end value is p-margin of error


=0.54-0.0138=0.5262

The 95% confidence interval for the upper end value is p+margin of error


0.54+0.0138=0.5538

User Palo Mraz
by
6.6k points
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