A researcher wishes to estimate the proportion of​ left-handed people among a certain population. In a random sample of 820820 people from the​ population, 22.722.7​% are​ left-handed. Find the margin of error for the​ 95% confidence interval for the population proportion. Round to four decimal places.

Respuesta :

Answer:

The margin of error for the​ 95% confidence interval for the population proportion is of 0.0287.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

95% confidence level

So [tex]\alpha = 0.05[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.05}{2} = 0.975[/tex], so [tex]Z = 1.96[/tex].

Find the margin of error for the​ 95% confidence interval for the population proportion.

We have that [tex]n = 820, p = 0.227[/tex]

So

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

[tex]M = 1.96\sqrt{\frac{0.227*0.773}{820}} = 0.0287[/tex]

The margin of error for the​ 95% confidence interval for the population proportion is of 0.0287.

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