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in a survey of 7000 women 4431 say they change their nail polish once a week.Construct a 95% confidence interval for the population proportion of women who change their nail polish once a week.A 95% confidence interval for the population proportion is​

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Answer:

The 95% confidence interval would be given (0.622;0.644).

We are confident (95%) that the true proportion of people that said that they change their nail polish once a week is between 0.622 and 0.644

Explanation:

Data given and notation

n=7000 represent the random sample taken

X=4431 represent the people that said that they change their nail polish once a week


\hat p=(4431)/(7000)=0.633 estimated proportion of people that said that they change their nail polish once a week


\alpha=0.05 represent the significance level

Confidence =0.95 or 95%

p= population proportion of people that said that they change their nail polish once a week

Solution to the problem

The confidence interval would be given by this formula


\hat p \pm z_(\alpha/2) \sqrt{(\hat p(1-\hat p))/(n)}

For the 95% confidence interval the value of
\alpha=1-0.95=0.05 and
\alpha/2=0.025, with that value we can find the quantile required for the interval in the normal standard distribution.


z_(\alpha/2)=1.96

And replacing into the confidence interval formula we got:


0.633 - 1.96 \sqrt{(0.633(1-0.633))/(7000)}=0.622


0.633 + 1.96 \sqrt{(0.633(1-0.633))/(7000)}=0.644

And the 95% confidence interval would be given (0.622;0.644).

We are confident (95%) that the true proportion of people that said that they change their nail polish once a week is between 0.622 and 0.644

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