Final answer:
The 99% confidence interval for the proportion of returned surveys is between 35.378% and 40.4213%, based on 931 responses from 2455 surveyed subjects.
Step-by-step explanation:
To construct a 99% confidence interval for the proportion of returned surveys, we will use the formula for a proportion confidence interval which includes the sample proportion (π), the z-value that corresponds to the desired level of confidence, and the standard error of the proportion.
The sample proportion (π) can be calculated as the number of returned surveys divided by the total number of surveys sent:
π = 931 / 2455 = 0.379
The z-value for a 99% confidence interval is approximately 2.576. The standard error (SE) of π is calculated using the formula:
SE = √(π(1 - π) / n)
SE = √(0.379(1-0.379)/2455)
SE = √(0.379 * 0.621 / 2455)
SE = √(0.2353 / 2455)
SE = √(0.0000958)
SE = 0.009788
Now, we can calculate the margin of error (ME):
ME = z * SE
ME = 2.576 * 0.009788
ME = 0.025213
Finally, the 99% confidence interval (CI) is calculated as:
CI = π ± ME
CI = 0.379 ± 0.025213
CI = [0.353787, 0.404213]
We can be 99% confident that the true proportion of returned surveys falls between 35.378% and 40.4213%.