a political analyst fond that 47 of 325 Republican voters in
a political analyst fond that 47% of 325 Republican voters in a survey thougt that the federal government had too much power. Find the 95% confidence interval of the population proportion of Republican voters who feel that the federal government has too much power
Solution
Note that
p^ = point estimate of the population proportion = x / n = 0.47
Also, we get the standard error of p, sp:
sp = sqrt[p^ (1 - p^) / n] = 0.027685042
Now, for the critical z,
alpha/2 = 0.025
Thus, z(alpha/2) = 1.959963985
Thus,
lower bound = p^ - z(alpha/2) * sp = 0.415738315
upper bound = p^ + z(alpha/2) * sp = 0.524261685
Thus, the confidence interval is
( 0.415738315 , 0.524261685 ) [ANSWER]
