
Patrick D. answered 04/22/17
Tutor
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(10)
Patrick the Math Doctor
The article at the following link is helpful:
http://www.dummies.com/education/math/statistics/how-to-determine-the-confidence-interval-for-a-population-proportion/
(a) the sample proportion serves as your initial point estimate: p-hat = 362/2243=.161391 or just over 16%
(b) Plugging z = 1.9645 , n=2243, and p-hat = .161391 into the formula shown in the article,
your margin of error is .01526 or just over 1.5%
With 90% certainty, the actual population proportion lies in the interval ( .161391 - .01526 , .161391 + .01526) =
( .146161, .176651)
(c) Repeating the same process, this time z=2.58, per MS Excel, the confidence interval is (0.141349759 0.181432229)
with error margin 0.020041235 or just over 2%
(d) As expected, the typical trade-off is between higher confidence and degree of certainty in exchange for
larger margin of error which widens the window width of the confidence interval