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A random sample of size n = 225 yielded p^= .46

a. Is the sample size large enough to use the methods of this section to construct a confidence interval for p? Explain.

b. Construct a 95% confidence interval for p.

c. Interpret the 95% confidence interval.

d. Explain what is meant by the phrase 鈥95% confidence interval.鈥

Short Answer

Expert verified

a. The sample size is large enough

b.95% confidence interval for p is0.3949,0.5251

c.One is 95% confident that the true proportion lies between the interval0.3949,0.5251

d.By the phrase 鈥95% confidence interval.鈥, it is meant that the 95% interval gives us an interval that contains the population parameter with 95% confidence

Step by step solution

01

Given information

A random sample of size n = 225 yielded p^= .46. It is required to compute or explain the following

a. If the sample size is large enough to construct a 95% confidence interval

, b.95% confidence interval for the population proportion p

c. Interpretation of 95% confidence interval

d. meaning of the phrase 95% confidence interval.

02

(a) If the sample size is large enough to construct a 95% confidence interval

We know that the sample size is large enough only ifnp^15,n1-p^15

Here,np^=2250.46=103.515 andn1-p^=2251-0.46=121.515

Hence the sample is large enough

03

(b) Construction of 95% confidence interval for p

Here the confidence coefficient is 95%, hence =5%Now from the standard normal distribution table,z2=1.96

The margin of error

E=z2p^1-p^n=1.960.461-0.46225=0.0651

Hence 95% lower limit:p^-E=0.46-0.0651=0.3949

95% upper limit:p^+E=0.46+0.0651=0.5251

Hence 95% confidence interval for p is0.3949,0.5251

04

(c) Interpretation of 95% confidence interval for p

One is 95% confident that the true proportion lies between the interval 0.3949,0.5251.

05

(d) Meaning of the phrase “95% confidence interval”

The phrase 鈥95% confidence interval鈥 means that the 95% interval gives us an interval that contains the population parameter with 95% confidence.

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