Construct a confidence interval of the population of proport
Construct a confidence interval of the population of proportion at the given level of confidence.
X=120, n = 1200, 94% confidence. The upper bound of confidence interval is
Solution
Note that
p^ = point estimate of the population proportion = x / n = 0.1
Also, we get the standard error of p, sp:
sp = sqrt[p^ (1 - p^) / n] = 0.008660254
Now, for the critical z,
alpha = 0.06
Thus, z(alpha) = 1.554773595
Thus,
upper bound = p^ + z(alpha) * sp = 0.113464734 [ANSWER]
