Math Problem Statement
We wish to estimate what percent of adult residents in a certain county are parents. Out of 400 adult residents sampled, 208 had kids. Based on this, construct a 99% confidence interval for the proportion, p, of adult residents who are parents in this county.
Give your answers as decimals, to three places.
Solution
To construct a 99% confidence interval for the proportion of adult residents who are parents, we will follow these steps:
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Determine the sample proportion :
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Calculate the standard error (SE):
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Determine the critical value for a 99% confidence interval: For a 99% confidence level, the critical value (from the standard normal distribution) is approximately 2.576.
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Calculate the margin of error (ME):
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Construct the confidence interval:
Thus, the 99% confidence interval for the proportion of adult residents who are parents is approximately:
Summary:
- Lower Limit: 0.456
- Upper Limit: 0.584
If you have any questions or need further details, feel free to ask! Here are some related questions to consider:
- What assumptions are made when calculating the confidence interval for proportions?
- How would the confidence interval change with a larger sample size?
- What is the impact of the confidence level on the width of the confidence interval?
- How can this method be applied to different populations or categories?
- What are the limitations of using confidence intervals in statistical analysis?
Tip: When interpreting confidence intervals, remember that they provide a range of plausible values for the population parameter, not a guarantee that the true parameter lies within that range.
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Math Problem Analysis
Mathematical Concepts
Statistics
Probability
Confidence Intervals
Formulas
Sample Proportion: \hat{p} = \frac{x}{n}
Standard Error: SE = \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}
Margin of Error: ME = z \times SE
Confidence Interval: (\hat{p} - ME, \hat{p} + ME)
Theorems
Central Limit Theorem
Properties of Confidence Intervals
Suitable Grade Level
Grades 10-12
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