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Homework answers / question archive / In a city of 50,000, you conducted 1,000 interviews on a random sample basis to find out how many respondents wore sneakers
In a city of 50,000, you conducted 1,000 interviews on a random sample basis to find out how many respondents wore sneakers. Of the 1,000 interviewed, 300 wore sneakers. With a 95% confidence, how precise is your estimate?
We are being asked to find the confidence interval of our estimate
proportion who wore sneakers = 0.3 or 30% =300/1000
95% Confidence limits for proportions=
p= 30%
q=1-p= 70%
n=sample size= 1000
sp=standard error of proportion=square root of (pq/n)= 1.45% =square root of ( 30.% * 70.% / 1000)
Confidence level= 95%
Significance level=alpha (a) = 5% =100% -95%
No of tails= 2
This is 2 tailed because we are calculating upper and lower confidence level
Since sample size= 1000 >= 30 use normal distribution
Z at the 0.05 level of significance 2 tailed test = 1.96
Upper confidence limit= p+z*sp= 32.84% =30.%+1.96*1.45%
Lower confidence limit= p-z*sp= 27.16% =30.%-1.96*1.45%
95% Confidence limit:
Upper limit= 32.84%
Lower limit= 27.16%
Therefore our estimate of proportion that wears sneakers is between 27.16% and 32.84%
or we can say that it is 30% plus/minus 2.84%