document.write( "Question 1004026: A large corporation would like to estimate the proportion of their employees that have children. The director of human resources takes a random sample of 102 employees and find that 76% of them have children. Calculate a 95% confidence interval for the proportion of all employees at this company that have children (use the traditional formula).\r
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document.write( "What is the lower bound of the confidence interval?\r
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document.write( "What is the upper bound of the confidence interval? \n" );
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Algebra.Com's Answer #620594 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! This is a one-sample proportion test \n" ); document.write( "standard error is sqrt (p)(1-p)/n= \n" ); document.write( "sqrt (0.76)*(0.24)/102=0.04223 \n" ); document.write( "without rounding, the half CI is 1.96*SE=0.0829 \n" ); document.write( "The whole CI is (0.68,0.84), keeping two decimal places. One can make it three or four decimal places, but it is already rounded by using 76%, which is not the true number, since 76% of 102=77.52 \n" ); document.write( " |