Example:  You would like to construct a 90% confidence interval for the proportion of graduating seniors that go directly on to graduate school.  You randomly sample 386 graduating seniors and find that 73 will be enrolling in graduate school in the upcoming semester.  1. What is your point estimate? 2. Construct a 90% confidence interval for the true proportion of graduating seniors that go directly on to graduate school? 3.How many graduating seniors will you have to sample to have a margin of error within 2%?

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Example:  You would like to construct a 90% confidence interval for the proportion of graduating seniors that go directly on to graduate school.  You randomly sample 386 graduating seniors and find that 73 will be enrolling in graduate school in the upcoming semester. 

1. What is your point estimate?

2. Construct a 90% confidence interval for the true proportion of graduating seniors that go directly on to graduate school?

3.How many graduating seniors will you have to sample to have a margin of error within 2%?

 

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