Math Problem Statement
For the following questions, information about a sample is given. Assuming the sampling distribution is symmetric and bell-shaped, use the information to give a 95% confidence interval, and indicate the parameter being estimated.
p ^ = 0.35 and the standard error is 0.04. Give your answer to 4 decimal places. Find the confidence interval
Solution
To find a 95% confidence interval for a proportion, we can use the formula:
Where:
- (the sample proportion),
- (the standard error),
- is the critical value for a 95% confidence level from the standard normal distribution (which is approximately 1.96).
Now, we'll calculate the margin of error:
Then, we can compute the confidence interval by adding and subtracting this margin of error from :
Thus, the confidence interval is:
Final Answer:
The 95% confidence interval is (0.2716, 0.4284), and the parameter being estimated is the population proportion, .
Do you have any questions or would you like further details? Here are 5 related questions to explore further:
- How is the critical value for a confidence level determined?
- What is the significance of the standard error in constructing confidence intervals?
- Can we apply this method if the sampling distribution is not symmetric and bell-shaped?
- How would a 99% confidence interval change the result?
- What assumptions underlie the construction of a confidence interval for proportions?
Tip: The margin of error decreases with larger sample sizes, which tightens the confidence interval.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Proportions
Formulas
CI = p̂ ± Z * SE
Margin of Error = Z * SE
Theorems
Central Limit Theorem
Properties of Normal Distribution
Suitable Grade Level
Grades 10-12
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