Assume the population proportion is to be estimated from the sample described. Find the approximate margin of error and the 95% confidence interval for the population proportion. Sample size = 225, sample proportion = 0.28 The margin of error is 0.0587. (Round to four decimal places as needed.) Find the 95% confidence interval. (Round to the three decimal places as needed.)

Respuesta :

Answer:

We can conclude that the true population proportion at 95% of confidence is between (0.221;0.339)

Step-by-step 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".  

[tex]p[/tex] represent the real population proportion of interest  

[tex]\hat p =0.28[/tex] represent the estimated proportion for the sample

n=225 is the sample size required  

[tex]z[/tex] represent the critical value for the margin of error  

The population proportion have the following distribution  

[tex]p \sim N(p,\sqrt{\frac{p(1-p)}{n}})[/tex]  

The confidence interval would be given by this formula  

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

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

[tex]z_{\alpha/2}=1.96[/tex]  

The margin of error is given by :

[tex]Me=z_{\alpha/2} \sqrt{\frac{\hat p(1-\hat p)}{n}}[/tex]

[tex]Me=1.96 \sqrt{\frac{0.28(1-0.28)}{225}}=0.0587[/tex]

And replacing into the confidence interval formula we got:  

[tex]0.28 - 1.96 \sqrt{\frac{0.28(1-0.28)}{225}}=0.221[/tex]  

[tex]0.28 + 1.96 \sqrt{\frac{0.108(1-0.28)}{225}}=0.339[/tex]  

And the 95% confidence interval would be given (0.221;0.339).

We can conclude that the true population proportion at 95% of confidence is between (0.221;0.339)