In a survey of 1,200 airline​ travelers, 820 responded that the airline fee that is most unreasonable is additional charges to redeem​ points/miles. Construct a​ 95% confidence interval estimate for the population proportion of airline travelers who think that the airline fee that is most unreasonable is additional charges to redeem​ points/miles.
1. A​ 95% confidence interval estimate for the population proportion __________? ​(Round to four decimal places as​ needed.)

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Answer:

A​ 95% confidence interval estimate for the population proportion is (0.6570, 0.7096).

Step-by-step explanation:

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

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

Z is the zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

For this problem, we have that:

In a survey of 1,200 airline​ travelers, 820 responded that the airline fee that is most unreasonable is additional charges to redeem​ points/miles. This means that [tex]n = 1200, \pi = \frac{820}{1200} = 0.6833[/tex]

95% confidence interval

So [tex]\alpha = 0.05[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.05}{2} = 0.975[/tex], so [tex]Z = 1.96[/tex].

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.6833 - 1.96\sqrt{\frac{0.6833*0.3167}{1200}} = 0.6570[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.6833 + 1.96\sqrt{\frac{0.6833*0.3167}{1200}} = 0.7096[/tex]

A​ 95% confidence interval estimate for the population proportion is (0.6570, 0.7096).