Math Problem Statement
Solution
To compute a 99% confidence interval for the proportion of individuals dissatisfied with their working conditions, we use the formula for a confidence interval for a proportion:
Steps:
-
Determine the sample proportion ():
-
Find the critical value for a 99% confidence level. For 99%, (from the standard normal table).
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Compute the standard error (SE):
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Construct the interval:
Let me compute this step-by-step. Given values x = 85 # number of dissatisfied individuals n = 275 # sample size z = 2.576 # z-score for 99% confidence
Step 1: Calculate sample proportion (p-hat)
p_hat = x / n
Step 2: Compute standard error (SE)
SE = (p_hat * (1 - p_hat) / n) ** 0.5
Step 3: Calculate confidence interval
lower_limit = p_hat - z * SE upper_limit = p_hat + z * SE
Round results to two decimal places
p_hat, SE, lower_limit, upper_limit = round(p_hat, 3), round(SE, 3), round(lower_limit, 3), round(upper_limit, 3) p_hat, SE, lower_limit, upper_limit### Calculations:
-
Sample proportion ():
-
Standard error (SE):
-
99% Confidence Interval:
- Lower limit:
- Upper limit:
Final Answer:
- Lower limit: 0.24
- Upper limit: 0.38
Would you like further explanation or help with other statistical concepts?
Related Questions:
- How does the width of a confidence interval change with the sample size?
- Why is a 99% confidence interval wider than a 95% confidence interval?
- What assumptions are required to calculate this confidence interval for a proportion?
- How does the choice of -score affect the confidence interval?
- Can we use this method if the sample size or proportion is very small?
Tip:
When calculating confidence intervals, always ensure the sample size is large enough for the approximation to be valid ( and ).
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Proportion
Formulas
Confidence Interval for a Proportion: p̂ ± z * √(p̂(1-p̂)/n)
Theorems
Central Limit Theorem
Suitable Grade Level
Grades 10-12
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