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A sample proportion of 0.43 is found. to determine the margin of error for this statistic, a simulation of 100
trials is run, each with a sample size of 50 and a point estimate of 0.43.
the minimum sample proportion from the simulation is 0.32, and the maximum sample proportion from
the simulation is 0.48.
the margin of error of the population proportion is found using half the range.
what is the interval estimate of the true population proportion?

Respuesta :

Using confidence interval concepts, it is found that the interval estimate of the true population proportion is of (0.35, 0.51).

What is a confidence interval?

It is given by the sample proportion plus/minus the margin of error.

Considering the margin of error is half the range, we have that:

M = (0.48 - 0.32)/0.5 = 0.08.

Then, considering the sample proportion is of 0.43, we have that the bounds of the interval are given as follows:

  • 0.43 - 0.08 = 0.35.
  • 0.43 + 0.08 = 0.51.

More can be learned about confidence intervals at https://brainly.com/question/25890103

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