Math Problem Statement
A magazine provided results from a poll of 1500 adults who were asked to identify their favorite pie. Among the 1500 respondents, 13% chose chocolate pie, and the margin of error was given as plus or minus5 percentage points. What values do ModifyingAbove p with caret, ModifyingAbove q with caret, n, E, and p represent? If the confidence level is 95%, what is the value of alpha?
Solution
In this problem, you're provided with results from a poll and are asked to determine various values related to the sample proportion and confidence level. Let's define and calculate these values step by step.
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ModifyingAbove p with caret ( ): This represents the sample proportion of respondents who chose chocolate pie.
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ModifyingAbove q with caret ( ): This represents the proportion of respondents who did not choose chocolate pie. It's simply the complement of , so:
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n: This represents the sample size, which is given as 1500.
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E (Margin of Error): This is the maximum expected difference between the sample proportion and the true population proportion. It is given as ±5 percentage points.
- or 0.05
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p (True Population Proportion): The true population proportion is unknown in this context. The sample proportion is an estimate of , but we do not know the exact value of .
Now, let's determine the value of alpha ( ):
- The confidence level is given as 95%. The confidence level and alpha () are related as follows:
Therefore, the value of is 0.05.
Summary:
Do you want any further details or have questions on these calculations?
Here are five related questions to expand your understanding:
- How do we calculate the confidence interval based on the margin of error?
- How can we interpret the meaning of a 95% confidence level?
- What effect does increasing the sample size have on the margin of error?
- How is the margin of error derived using standard error and the z-score?
- What does the alpha value tell us about the probability of making a Type I error?
Tip: In most cases, increasing the sample size will reduce the margin of error, leading to a more precise estimate of the population parameter.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Proportions
Margin of Error
Formulas
Sample Proportion: p̂ = x/n
Complement of Proportion: q̂ = 1 - p̂
Alpha: α = 1 - Confidence Level
Theorems
Central Limit Theorem
Suitable Grade Level
Grades 10-12
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