Math Problem Statement
In a Harris poll of 514 human resource professionals, 90% said that the appearance of a job applicant is most important for a good first impression.
Construct a confidence interval of the true population proportion of human resource professionals that say the appearance of a job applicant is most important for a good first impression. Use a 99% confidence level. what is the critical value rounded to 4 decimal places?
Solution
To construct a 99% confidence interval for the true population proportion, we need to follow these steps.
Step 1: Identify the given values
- Sample proportion () = 90% = 0.9
- Sample size () = 514
- Confidence level = 99%
- Critical value () = ?
Step 2: Find the critical value ()
For a 99% confidence level, the significance level . Since it’s two-tailed, we split into two equal parts: . We need the z-score corresponding to the upper 0.995 tail in the standard normal distribution.
Using a Z-table or a calculator:
Step 3: Confirm the answer
- Critical value for a 99% confidence interval: 2.5758
Let me know if you'd like the full confidence interval calculation or further details! Below are 5 related questions to expand your understanding:
- How do you interpret the meaning of a confidence interval in statistics?
- How would the confidence interval change if we used a 95% confidence level instead?
- How does sample size affect the width of the confidence interval?
- What assumptions are made when calculating a confidence interval for proportions?
- How can confidence intervals be used in practical decision-making?
Tip: Critical values differ for each confidence level; always reference the Z-table or a calculator!
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Proportions
Formulas
Confidence interval for population proportion: p ± z(α/2) * sqrt((p(1-p))/n)
Critical value (z(α/2)) for 99% confidence level
Theorems
Central Limit Theorem
Suitable Grade Level
Undergraduate
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