According to a census bureau 115 of the population in a cert
Solution
a)
Note that
p^ = point estimate of the population proportion = x / n = 0.075
Also, we get the standard error of p, sp:
sp = sqrt[p^ (1 - p^) / n] = 0.013169567
Now, for the critical z,
alpha/2 = 0.025
Thus, z(alpha/2) = 1.959963985
Thus,
lower bound = p^ - z(alpha/2) * sp = 0.049188123
upper bound = p^ + z(alpha/2) * sp = 0.100811877
Thus, the confidence interval is
( 0.049188123 , 0.100811877 ) [ANSWER]
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Margin of Error E = (upper bound - lower bound)/2 = 0.025811877 [ANSWER]
