document.write( "Question 1086022: You read about a survey in a newspaper and find that 70% of the 250 people sampled prefer Candidate A. You are surprised by this survey because you thought that more like 50% of the population preferred this candidate. Based on this sample, is 50% a possible population proportion? Compute the 95% confidence interval to be sure. \n" ); document.write( "
Algebra.Com's Answer #700166 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! 95%CI is mean +/-1.96*SE \n" ); document.write( "mean is point estimate, here 0.70 \n" ); document.write( "SE is sqrt (p*(1-p))/n, or sqrt (.21/250)=0.0290 \n" ); document.write( "interval width is 0.0568, after multiplying by 1.96 \n" ); document.write( "CI is {0.643, 0.757) \n" ); document.write( "No, 50% is not a possible proportion. It is not in the interval. \n" ); document.write( " \n" ); document.write( " |