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random sample found that forty percent of 100 Americans were satisfied with the gun control laws in 2017. Compute a 99% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2017.

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Answer:

The 99% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2017 is (0.274, 0.526).

Explanation:

In a sample with a number n of people surveyed with a probability of a success of
\pi, and a confidence level of
1-\alpha, we have the following confidence interval of proportions.


\pi \pm z\sqrt{(\pi(1-\pi))/(n)}

In which

z is the zscore that has a pvalue of
1 - (\alpha)/(2).

For this problem, we have that:


n = 100, \pi = 0.4

99% confidence level

So
\alpha = 0.01, z is the value of Z that has a pvalue of
1 - (0.01)/(2) = 0.995, so
Z = 2.575.

The lower limit of this interval is:


\pi - z\sqrt{(\pi(1-\pi))/(n)} = 0.4 - 2.575\sqrt{(0.4*0.6)/(100)} = 0.274

The upper limit of this interval is:


\pi + z\sqrt{(\pi(1-\pi))/(n)} = 0.4 + 2.575\sqrt{(0.4*0.6)/(100)} = 0.526

The 99% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2017 is (0.274, 0.526).

User Mluisbrown
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