Al Y. answered 10/22/22
Data Scientist with several years in Business data analysis
You may use the formula CI = [ p' - z * √p(1-p)/n , p' + z * √p(1-p)/n ].
The z-score for the 95% confidence interval is 1.96, and p' can be used as an estimation of p.
Therefore:
CI = [ 0.82 - 1.96 * √(0.82*0.18/600) , 0.82 + 1.96 * √(0.82*0.18/600) ] = [0.79, 0.85].
Al Y.
10/23/22
Melissa B.
Where does the 0.18 come from? Thank you!10/23/22