Concept explainers
To find the 95% confidence interval using quick method and method used in chapter.
Explanation of Solution
Given:
Confidence level = C = 0.95
n = 600
Formula:
Confidence interval for population proportion is,
Margin of error by quick method:
Margin of error by method used in chapter:
Calculation:
Confidence interval by quick method:
Sample proportion:
Now need to find Zc
The level of significance is = a =0.05
Therefore, Zc = Z a/2 = 1.96 ..Using standard normal table
Margin of error can be calculated as,
Therefore, the 95% confidence interval for population proportion is,
Hence, confidence interval for population proportion is (0.0333, 0.1933)
Now we can find confidence interval using method used in chapter:
Margin of error:
The 95% confidence interval is,
Therefore, 95% confidence interval for population proportion is, (0.0879 , 0.1387)
Now, comparing two margin of errors:
0.0800 − 0.0254 = 0.0546
The quick method margin of error is 0.0546 larger than the margin of error used by method of this chapter.
Chapter 9 Solutions
Statistics Through Applications
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