IDNLearn.com offers a unique blend of expert answers and community-driven insights. Our platform is designed to provide quick and accurate answers to any questions you may have.

Construct a 95% confidence interval of the population proportion using the given information x=180, n = 300 the lower bound is the upper bound isRound to three decimal places as needed

Sagot :

Given;

[tex]x=180,n=300[/tex]

Then, we can find the point estimation as;

[tex]\begin{gathered} \hat{p}=\frac{x}{n} \\ \hat{p}=\frac{180}{360}=0.60 \end{gathered}[/tex][tex]Z_{\frac{\alpha}{2}}=Z_{0.05}=1.96[/tex]

Thus, the margin of error E is;

[tex]\begin{gathered} E=Z_{\frac{\alpha}{2}}\sqrt[]{\frac{\hat{p}(1-\hat{p})}{n}} \\ E=1.96\sqrt[]{\frac{0.60(0.40)}{300}} \\ E=1.96\sqrt[]{0.0008} \\ E=0.055 \end{gathered}[/tex]

A 95% confidence interval for population proportion p is;

[tex]\hat{p}\pm E=0.60\pm0.055[/tex]

The lower bound is;

[tex]0.60-0.055=0.545[/tex]

The upper bound is;

[tex]0.60+0.055=0.655[/tex]

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. For precise answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.