Math Problem Statement
Solution
Let's break down the problem and go step-by-step:
(a) Finding a 99% confidence interval for
We are given the following dataLet's break down the problem and go step-by-step:
(a) Finding a 99% confidence interval for
We are given the following
- (total number of voters sampled)
- (number of voters who said they would vote for Candidate A)
- Confidence level = 99%, corresponding to (Z-value for 99% confidence level from Z distribution)
The formula for the confidence interval (CI) for proportion is:
- Step 1: Calculate the sample proportion :
- Step 2: Plug into the confidence interval formula. First, calculate the standard error (SE):
- Step 3: Now, calculate the margin of error (ME):
- Step 4: Finally, compute the lower and upper bounds for the confidence interval:
Thus, the 99% confidence interval for is approximately .
(b) Interpretation of the Confidence Interval
The interpretation of the confidence interval is as follows:
We are 99% confident that the true proportion of all voters who will vote for Candidate A lies between 6.15% and 13.71%.
(c) Using Bootstrapping in R-Studio
The R code snippet is provided to perform bootstrapping to estimate the 99% confidence interval for . The code does the following:
- It sets a random seed for reproducibility.
- It performs 1000 resamples of the voters and calculates the proportion of voters choosing Candidate A in each resample.
- Finally, it computes the 99% confidence interval based on the resampled proportions.
You can use this code in R-Studio to simulate the sampling process.
Do you need more details or have any questions?
Here are five related questions for deeper understanding:
- What is the difference between a confidence interval and a margin of error?
- How does increasing the sample size affect the confidence interval?
- Why do we use the Z-distribution instead of the t-distribution in this case?
- What assumptions are made when calculating a confidence interval for a proportion?
- How would the confidence interval change if the confidence level were reduced to 95%?
Tip: Confidence intervals provide a range of plausible values for a population parameter, but they do not guarantee that the parameter falls within that range for every sample.
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Math Problem Analysis
Mathematical Concepts
Confidence Interval
Proportion
Z-distribution
Bootstrapping
Formulas
p̂ = X / n
SE = √[p̂(1 - p̂) / n]
CI = p̂ ± Z * SE
Theorems
Central Limit Theorem
Normal Approximation for Proportions
Suitable Grade Level
University level (Statistics, Probability)
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