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A random sample found that 30% of 150 Americans were satisfied with the gun control laws in 2018. Compute a 98% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2018 Fill in the blanks appropriately. A 98% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2018 is ( , ) (round to 3 decimal places)

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Answer:

A 98% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2018 is (0.213, 0.387).

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 = 150, \pi = 0.3

98% confidence level

So
\alpha = 0.02, z is the value of Z that has a pvalue of
1 - (0.02)/(2) = 0.99, so
Z = 2.327.

The lower limit of this interval is:


\pi - z\sqrt{(\pi(1-\pi))/(n)} = 0.3 - 2.327\sqrt{(0.3*0.7)/(150)} = 0.213

The upper limit of this interval is:


\pi + z\sqrt{(\pi(1-\pi))/(n)} = 0.3 + 2.327\sqrt{(0.3*0.7)/(150)} = 0.387

A 98% confidence interval for the true proportion of Americans who were satisfied with the gun control laws in 2018 is (0.213, 0.387).

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