Confidence Interval for a Single Proportion Example 2: Movie Goers are More Likely to Watch at Home In a random sample of 500 movie goers in January 2013, 320 of them said they are more likely to wait and watch a new movie in the comfort of their own home. Find and interpret a 95% confidence interval for the proportion of movie goers who are more likely to watch a new movie from home.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Practice Pack

Confidence Interval for a Single Proportion

Example 2: Movie Goers are More Likely to Watch at Home

In a random sample of 500 movie goers in January 2013, 320 of them said they are more likely to wait and watch a new movie in the comfort of their own home. Find and interpret a 95% confidence interval for the proportion of movie goers who are more likely to watch a new movie from home.

 

 

 

 

 

Example 3: Sample Size and Margin of Error for Movie Goers

(a) What is the margin of error for the confidence interval found in Example 2?

 

 

(b) What sample size is needed if we want a margin of error within ±2%? (Use the sample proportion from the original sample.)

 

 

(c) What sample size is needed if we want a margin of error within ±2%, and if we use the conservative estimate of p = 0.5?

 

Expert Solution
trending now

Trending now

This is a popular solution!

video

Learn your way

Includes step-by-step video

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman