Answer:
The range from 8.08% to 13.52% is a 95% confidence interval for the percentage of independents among the 50000 registered votersof the town of Hayward
Explanation:
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
represent the real population proportion of interest
represent the estimated proportion for the sample of independents
n=500 is the sample size required (variable of interest)
represent the critical value for the margin of error
The population proportion have the following distribution
The confidence interval would be given by this formula
For the 95% confidence interval the value of
and
, with that value we can find the quantile required for the interval in the normal standard distribution.
And replacing into the confidence interval formula we got:
And the 95% confidence interval would be given (0.0808;0.1352).
The range from 8.08% to 13.52% is a 95% confidence interval for the percentage of independents among the 50000 registered votersof the town of Hayward