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A \(95 \%\) confidence interval for the proportion of the population in Category A given that \(23 \%\) of a sample of 400 are in Category \(\mathrm{A}\)

Short Answer

Expert verified
The \(95 \%\) confidence interval for the proportion of the population in category A is \(0.1884\) to \(0.2716\).

Step by step solution

01

Identify the sample proportion (\(\hat{p}\)) and sample size (\(n\))

According to the exercise, \(23 \%\) of a sample of 400 are in Category A. So the sample size (\(n\)) is 400 and the sample proportion (\(\hat{p}\)) is \(23 \% = 0.23\).
02

Find the Z score for the given confidence interval

This exercise mentions a \(95 \%\) confidence interval. Looking up these values in the standard normal (Z) table, or using a Z-table in statistical software, it is found that \(Z(1−α/2) = Z(0.975) = 1.96\).
03

Calculate the confidence interval

Substitute the known values into the formula: CI = \(0.23 ± (1.96 × √{(0.23×0.77) / 400})\). Simplify under the square root to get: CI = \(0.23 ± (1.96 × √{0.0004485})\). After solving further, the CI = \(0.23 ± 0.0416\). The confidence interval is thus from \(0.1884\) to \(0.2716\).

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Sample Proportion
To understand confidence intervals, it's crucial to start with the sample proportion. In statistical terms, a sample proportion is a way of representing the fraction or the percentage of a particular outcome in a sample. For instance, when we say that 23% of a sample of 400 people belong to Category A, we mean that the sample proportion (denoted as \(\hat{p}\)) is 0.23.
This proportion is vital because it is a starting point for estimating how a full population might behave, using the sample as a small-scale representation.
Calculating this involves dividing the number of favorable outcomes by the total sample size.
  • In our example: \(\hat{p} = \frac{92}{400} = 0.23\), where 92 is the number of people in Category A.
This calculation is significant because it allows us to use statistical techniques, such as confidence intervals, to infer population characteristics from a sample.
Z-score
The Z-score is another essential concept for constructing confidence intervals. In simple terms, the Z-score measures how many standard deviations an element is from the mean.
When dealing with confidence intervals, we use a Z-score to represent a particular level of confidence. These scores are derived from the standard normal distribution.
For a 95% confidence interval, the Z-score is 1.96. This corresponds to the cutoff value where 95% of the data lies between \(-1.96\) and \(1.96\) standard deviations from the mean.
  • Using statistical tables or software, we determine this Z-score to adjust our interval of estimation accordingly.
The usage of the Z-score helps ensure that we can say, with confidence, that the population parameter we're estimating falls within this range.
Statistical Analysis
Statistical analysis is a broad term that involves collecting, reviewing, and interpreting data to make meaningful inferences. Confidence intervals are a tool frequently used in this field to determine a range within which we presume a population parameter, like the proportion, might actually lie.
Performing statistical analysis involves several steps including identifying the sample, determining sample statistics (like the proportion \(\hat{p}\)), and then applying the Z-score for a confidence interval.
The confidence interval calculation in our example provides a range for the population proportion.
  • Using the formula: \(CI = \hat{p} \pm (Z \times \sqrt{(\hat{p}(1-\hat{p})/n)})\),
  • We calculated the confidence interval as \(0.23 \pm 0.0416\), resulting in a range from 0.1884 to 0.2716.
Utilizing such statistical tools enables researchers to present findings with an accepted level of uncertainty, allowing better decision-making based on available data.

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Most popular questions from this chapter

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