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Assume that a sample is used to estimate a population proportion

p. Find the 98% confidence interval for a sample of size 366 with
143 successes.

User Seekay
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1 Answer

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Final answer:

To calculate the 98% confidence interval for a sample proportion, use the formula p ± Z * sqrt((p*(1-p))/n), where p is the sample proportion, n is the sample size, and Z is the Z-score corresponding to the desired confidence level. In this case, the confidence interval is (35.3%, 42.9%).

Step-by-step explanation:

To calculate the 98% confidence interval for a sample proportion, we can use the formula:

p ± Z * sqrt((p*(1-p))/n)

where p is the sample proportion, n is the sample size, and Z is the Z-score corresponding to the desired confidence level.

In this case, the sample size is 366 and the number of successes is 143, so the sample proportion is 143/366 = 0.391. The Z-score for a 98% confidence level is approximately 2.326.

Plugging in the values:

0.391 ± 2.326 × sqrt((0.391 × (1-0.391))/366)

Simplifying the expression gives us the confidence interval (0.353, 0.429) or (35.3%, 42.9%). This means that we can be 98% confident that the true population proportion lies between 35.3% and 42.9%.

User Mjrezaee
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