Construct a 95% confidence interval estimate for the percentage of students who prefer online learning.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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**Constructing a Confidence Interval for Population Proportion**

**Objective:** 
Use the given degree of confidence and sample data to construct a confidence interval for the population proportion \( p \). Round your answer to two decimals.

**16) Problem Statement:**
According to the results of a new national study of 1000 randomly selected students, 760 of the students surveyed prefer online learning rather than traditional classrooms. Construct a 95% confidence interval estimate for the percentage of students who prefer online learning.

**Solution Steps:**

1. **Identify the Sample Proportion \( \hat{p} \):**
   \[
   \hat{p} = \frac{x}{n}
   \]
   where \( x \) is the number of students who prefer online learning (760) and \( n \) is the total number of students surveyed (1000).
   \[
   \hat{p} = \frac{760}{1000} = 0.76
   \]

2. **Determine the standard error \( SE \):**
   \[
   SE = \sqrt{\frac{\hat{p}(1-\hat{p})}{n}}
   \]
   \[
   SE = \sqrt{\frac{0.76(1-0.76)}{1000}} = \sqrt{\frac{0.76 \times 0.24}{1000}} = \sqrt{\frac{0.1824}{1000}} = \sqrt{0.0001824} \approx 0.0135
   \]

3. **Find the critical value for a 95% confidence level:**
   For a 95% confidence level, the critical value \( Z \) is approximately 1.96.

4. **Construct the confidence interval:**
   \[
   \text{Margin of Error} = Z \times SE
   \]
   \[
   \text{Margin of Error} = 1.96 \times 0.0135 \approx 0.0265
   \]

5. **Calculate the lower and upper bounds of the confidence interval:**
   \[
   \text{Lower bound} = \hat{p} - \text{Margin of Error} = 0.76 - 0.0265 = 0.7335
   \]
   \[
   \text{Upper bound} = \hat{p} + \
Transcribed Image Text:**Constructing a Confidence Interval for Population Proportion** **Objective:** Use the given degree of confidence and sample data to construct a confidence interval for the population proportion \( p \). Round your answer to two decimals. **16) Problem Statement:** According to the results of a new national study of 1000 randomly selected students, 760 of the students surveyed prefer online learning rather than traditional classrooms. Construct a 95% confidence interval estimate for the percentage of students who prefer online learning. **Solution Steps:** 1. **Identify the Sample Proportion \( \hat{p} \):** \[ \hat{p} = \frac{x}{n} \] where \( x \) is the number of students who prefer online learning (760) and \( n \) is the total number of students surveyed (1000). \[ \hat{p} = \frac{760}{1000} = 0.76 \] 2. **Determine the standard error \( SE \):** \[ SE = \sqrt{\frac{\hat{p}(1-\hat{p})}{n}} \] \[ SE = \sqrt{\frac{0.76(1-0.76)}{1000}} = \sqrt{\frac{0.76 \times 0.24}{1000}} = \sqrt{\frac{0.1824}{1000}} = \sqrt{0.0001824} \approx 0.0135 \] 3. **Find the critical value for a 95% confidence level:** For a 95% confidence level, the critical value \( Z \) is approximately 1.96. 4. **Construct the confidence interval:** \[ \text{Margin of Error} = Z \times SE \] \[ \text{Margin of Error} = 1.96 \times 0.0135 \approx 0.0265 \] 5. **Calculate the lower and upper bounds of the confidence interval:** \[ \text{Lower bound} = \hat{p} - \text{Margin of Error} = 0.76 - 0.0265 = 0.7335 \] \[ \text{Upper bound} = \hat{p} + \
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