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Concept explainers
a.
Find the 95% confidence interval for the proportion of workers in each of the industries who feel their industry is understaffed.
a.
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Answer to Problem 59SE
There is 95% confidence interval for the proportion of workers in the government sector industries who feel their industry is understaffed is
There is 95% confidence interval for the proportion of workers in the health care sector industries who feel their industry is understaffed is
There is 95% confidence interval for the proportion of workers in the education sector industries who feel their industry is understaffed is
Explanation of Solution
Calculation:
In the government sector, 37% of the respondents said that they were understaffed; in the health care sector, 33% said that they were understaffed; and in the education sector, 28% said that they were understaffed.
The sampling distribution of
Confidence interval for government sector:
The formula for margin of error is as follows:
Here, the value of
From “Table 8.1 value of
The value of margin of error is obtained as follows:
Thus, the value of margin of error is 0.0668.
The 95% confidence interval for population proportion is obtained as follows:
Thus, the 95% confidence interval for the proportion of workers in the government sector industries who feel their industry is understaffed is
Confidence interval for the health care sector:
Here, the value of
From “Table 8.1 value of
The value of margin of error is obtained as follows:
Thus, the value of margin of error is 0.0651.
The 95% confidence interval for population proportion is obtained as follows:
Thus, the 95% confidence interval for the proportion of workers in health care sector industries who feel their industry is understaffed is
Confidence interval for the education sector:
Here, the value of
From “Table 8.1 value of
The value of margin of error is obtained as follows:
Thus, the value of margin of error is 0.0621.
The 95% confidence interval for population proportion is obtained as follows:
Thus, 95% confidence interval for the proportion of workers in education sector industries who feel their industry is understaffed is
b.
Compute the sample that needs to be ensured that the margin of error is 0.05 or less for each of the three confidence intervals.
b.
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Answer to Problem 59SE
The sample that needs to be ensured that the margin of error is 0.05 or less for each of the three confidence intervals is 359.
Explanation of Solution
Calculation:
From the results, the margin of error for the government sector is greater.
The formula for
The value of
From “Table 8.1 value of
The sample that needs to be ensured that the margin of error is 0.05 or less for each of the three confidence intervals is as follows:
Thus, the sample that needs to be ensured that the margin of error is 0.05 or less for each of the three confidence intervals is 359.
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Modern Business Statistics with Microsoft Excel (MindTap Course List)
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