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:

CI=p^±Z×SECI = \hat{p} \pm Z \times SE

Where:

  • p^=0.35\hat{p} = 0.35 (the sample proportion),
  • SE=0.04SE = 0.04 (the standard error),
  • ZZ 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:

Margin of Error=Z×SE=1.96×0.04=0.0784Margin \ of \ Error = Z \times SE = 1.96 \times 0.04 = 0.0784

Then, we can compute the confidence interval by adding and subtracting this margin of error from p^\hat{p}:

CI=0.35±0.0784CI = 0.35 \pm 0.0784

Thus, the confidence interval is:

CI=(0.350.0784,0.35+0.0784)=(0.2716,0.4284)CI = (0.35 - 0.0784, 0.35 + 0.0784) = (0.2716, 0.4284)

Final Answer:

The 95% confidence interval is (0.2716, 0.4284), and the parameter being estimated is the population proportion, pp.


Do you have any questions or would you like further details? Here are 5 related questions to explore further:

  1. How is the critical value for a confidence level determined?
  2. What is the significance of the standard error in constructing confidence intervals?
  3. Can we apply this method if the sampling distribution is not symmetric and bell-shaped?
  4. How would a 99% confidence interval change the result?
  5. 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.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

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