Tom K. answered 07/17/21
Knowledgeable and Friendly Math and Statistics Tutor
The confidence interval for % male - % female -.0267, is [(365/500 - 345/500) - z.01 *√(365/500*(500-365)/500)/500 + (345/500*(500-345)/500)/500), (365/500 - 345/500) + z.01 *√(365/500*(500-365)/500)/500 + (345/500*(500-345)/500)/500)] =
[.04 - 2.32634787404084 * 0.0286705423736629, .04 - 2.32634787404084 * 0.0286705423736629] =
[-.0267, .1067]
A 98% confidence interval means that, if we repeat this sampling process, then 98% of the time, the true difference will be in the confidence interval.
0 is in the CI, so we cannot conclude that there is a difference.