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
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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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