Jaggy L.
asked 10/01/21If n = 280 and ˆ p (p-hat) = 0.7, construct a 90% confidence interval.
Give your answers to three decimals
If n = 280 and ˆp (p-hat) = 0.7, construct a 90% confidence interval.
1 Expert Answer
Inactive Tutor answered 01/14/22
i will use p=p-hat
this is a binomial distribution that may be approximated as a normal distribution (because n>30),
where √(p(1-p)/n) is its standard deviation.
we looking in the table of normal distribution for a parameter t such that : p(z<t)=(1+α)/2 here we have α=90% so we looking for p(z<t)=0.95, in the table we get t=1.64
the confidence interval is given by [p-t*√(p(1-p)/n),p-t*√(p(1-p)/n)]
so [0.7-1.64*√(0.7(1-0.7)/280),0.7+1.64*√(0.7(1-0.7)/280)]
[0.66,0.74]
good luck
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Tom K.
10/01/21