MATH 2311-06 Section 7.2.

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Presentation transcript:

MATH 2311-06 Section 7.2

Confidence Interval from a Proportion

Sample Statistics

Example:

Popper 20: For a certain population, it is known that 85% of people own their own vehicles. A simple random sample, of size 150, is selected from this population. Are the number of successes and failures appropriate for this method? a. Yes b. No 2. Determine the standard deviation or standard error for the sample selected. a. 0.0008 b. 0.069 c. 0.029 d. 0.85 3. Determine the margin of error with a confidence level of 90%. a. 0.90 b. 0.436 c. 1.28 d. 0.037 4. Determine the confidence interval for this statistic. a. [.37, .85] b. [.813, .887] c. [.85, .90] d. [65, 235] 5. Interpret the confidence interval (choices on next slide).

Popper 20: For a certain population, it is known that 85% of people own their own vehicles. A simple random sample, of size 150, is selected from this population. 5. Interpret the confidence interval. a. There is a 90% probability that the sample will have a statistic within the confidence interval b. There is a 90% probability that the mean of the sample will be 0.85. c. There is a 90% of the 150 subjects own a vehicle. d. 85% of the 150 subjects fall within the confidence interval.