Question
Please use below as a reference when answering the questions Consider a yes/no survey with this result, 65% 3% responded yes. In this lesson we
Please use below as a reference when answering the questions
Consider a yes/no survey with this result, 65% 3% responded yes.
In this lesson we will look at how the margin of error, in this case 3%, is calculated.
When a survey is conducted, usually not everyone in the target population is surveyed.
Only a sample of the population is surveyed.
In order for the results to be responsibly reported, a margin of error must be attached, acknowledging that the result might vary a bit if the whole population were surveyed.
Again, consider the survey result 65% 3%.
Of the sample of people asked, 65% said yes. However, not everyone in the population was asked, so there is error in the result. This error is calculated with a specified level of certainty. In this case, certainty that the actual percentage of yes respondents, if the entire population was asked, would be in the interval 65% 3%, restated 62% to 68%.
This specified level of certainty is calledthe confidence level.
Below is the formula for the Margin of Error for Proportions (percentages).
ZA/2 E denotes the margin of error.
(Z with a subscript of /2, pronounced z alpha over 2) is a z-score based on the specified confidence level.
P(lower case p with a caret symbol on top) denotes the percentage that said yes
U(lower case q with a caret symbol on top) denotes the percentage that said no
n is the sample size
E=ZA/2PQ/N
Pronounced E equals z alpha over 2, times the square root of p-hat times q-hat divided by n, end of square root.
We now need to look at how to use a specified confidence level to determine the correct Z/2 for use in the Margin of Error Formula.
Consider a confidence level of 90%
There is a small table, entitled Common Critical Values, located at the bottom right corner of the Positive z-scores table.
A confidence level of 90%, 0.90 matches up with a critical value of 1.645.
1.645 is theZ/2 we use for a confidence level of 90%.
In the same fashion, from the table, 1.96 is theZ/2 for 95%
and 2.575 is theZ/2 for 99%.
Now complete the following questions, show your work.
Report your answers as confidence intervals in form,like 28% 3.7% in the last example of the lesson.
1) A sample of 820 people were surveyed. 32% said yes.
Construct a 90% confidence interval estimate for the percentage that would say yes, If the entire population could be surveyed.
2) A sample of 645 people were surveyed. 81% said yes.
Construct a 95% confidence interval estimate for the percentage that would say yes, If the entire population could be surveyed.
3) A sample of 1,250 people were surveyed. 63% said yes.
Construct a 99% confidence interval estimate for the percentage that would say yes, If the entire population could be surveyed.
4) A sample of 623 people were surveyed. 21% said yes.
Construct a 95% confidence interval estimate for the percentage that would say yes, if the entire population could be surveyed.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started