Christal-Joy T. answered 07/09/23
PhD in Educational Psychology w/ 4 years teaching experience in Stats
Relevant formulas:
Confidence Interval = p ± Zcrit×(sqrt (pq/n))
Population proportion (p) = X/N
q = 1 - p
Margin of Error (E) = Zcrit×(sqrt (pq/n))
Step 1: State Your Givens
n = 2000
p = 0.418
q = 0.582 (**We got this answer by taking 1 - 0.418.**)
Zα/2=Z0.025=1.96
Step 2: Calculate Margin of Error with Given Information
Margin of Error (E) = Zcrit×(sqrt (pq/n))
=1.96 × sq rt ((.418)(.582)/2000)
=0.0216
Step 3: Calculate Confidence Interval
A 95% confidence interval for the population proportion (p) is,
p-E < p < p+E
.418 - 0.0216 < p < .418 + 0.0216
0.3964 < p < 0.4396
Step 4: Interpret Your Results
We are 95% confident that the proportion of all human resource professionals that believe that body piercings and tattoos are big grooming red flags are 39.64% and 43.96%