Geetha Gopakumar N. answered 03/28/16
Tutor
New to Wyzant
Physics, Maths, Science
population proportion = 422/813
N = 813
p = 0.519
Confidence interval for population proportion
Checking assumptions:
813*0.519 = 422
813*(1-0.519) = 391
Both are greater than 10 so this assumption has been met and we can use the standard normal approximation with this data.
Now we can compute the standard error for p @ 95% ; z score = 1.96
SE(p)=square root [p (1−p)N]= square root [0.519 *(1-0.519)/813] = 0.0175
SE(p)=square root [p (1−p)N]= square root [0.519 *(1-0.519)/813] = 0.0175
95% confidence interval for p will be 0.519 + 1.96*0.0175 and 0.519 - 1.96*0.0175
Ans : 0.5533 and 0.4847
This means that @95% confidence interval, between 55% and 48% of all voters will vote for Hillary Clinton
If margin of error is 4% - we should use zscore @ 96% confidence interval and repeat the same exercise