Concept explainers
a)
To find the critical value z for 96% confidence interval for a proportion.
a)
Answer to Problem 36E
The critical value z for 96% confidence interval for a proportion is 2.04
Explanation of Solution
Given:
Confidence level = 0.96
The confidence level = 0.98.
So, level of significance = a=0.04
The zc=z a/2 critical value = 2.04 …Using excel formula, =ABS(NORMSINV(0.04/2))
b)
To construct 96% confidence interval for a proportion.
b)
Answer to Problem 36E
The 96% confidence interval for a proportion is 0.0617< p < 0.1593
Explanation of Solution
Given:
Confidence level = 0.96
The zc critical value = 2.04
Formula:
Sample proportion:
Margin of error:
The confidence interval:
The sample proportion is,
The margin of error is,
The confidence interval is,
Hence, the 96% confidence interval for population proportion is 0.0617 < p < 0.1593
c)
To interpret confidence interval.
c)
Answer to Problem 36E
We are 96% confident that the true population proportion is between 0.0617 and 0.1593
Explanation of Solution
Given:
The 96% confidence interval for population proportion is 0.0617 < p < 0.1593
We are 96% confident that the true population proportion of all undergraduate at this university who would go to the professor is between 0.0617 and 0.1593
Chapter 8 Solutions
PRACTICE OF STATISTICS F/AP EXAM
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