One of the technical difficulties that arises in the computation of confidence intervals for a single proportion
Question:
A simple adjustment to the formula for the confidence intervals is the plus four estimate, first suggested by Edwin Bidwell Wilson in 1927. It is also called the Agresti–Coull confidence interval. This adjustment works best for 95% confidence intervals.
The plus four adjustment has us add two successes and two failures to the sample data. This means that r, the number of successes, is increased by 2, and n, the sample size, is increased by 4. We use the symbol , read “p tilde,” for the resulting sample estimate of p. So = (r + 2)/(n + 4).
(a) Consider a random sample of 50 trials with 20 successes. Compute a 95% confidence interval for p using the plus four method.
(b) Compute a traditional 95% confidence interval for p using a random sample of 50 trials with 20 successes.
(c) Compare the lengths of the intervals obtained using the two methods. Is the point estimate closer to 1/2 when using the plus four method? Is the margin of error smaller when using the plus four method?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
Question Posted: