document.write( "Question 1199178: In a survey of 225 randomly selected gun owners, it was found that 69 of them said they owned a gun primarily for protection.\r
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document.write( "Find the margin of error and 95% confidence interval for the percentage of all gun owners who would say that they own a gun primarily for protection. Report answers to at least 2 decimal places. \n" );
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Algebra.Com's Answer #833061 by Theo(13342)![]() ![]() You can put this solution on YOUR website! sample size = 225 \n" ); document.write( "p = 69/225 \n" ); document.write( "q = (1 - 69) / 225 = 225/225 - 69/225 = (225 - 69) / 225 = 156/225 \n" ); document.write( "mean = 69/225 \n" ); document.write( "standard error = sqrt(p*q/n) = sqrt((69/225*156/225)/225) = .0307406515. \n" ); document.write( "z = (x-m)/s \n" ); document.write( "z is the z-score \n" ); document.write( "(x-m) is the margin of error. \n" ); document.write( "s is the standard error.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your confidence interval is 95%. \n" ); document.write( "at 95% confidence interval, the critical z-score is plus or minus 1.96\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to find the margin of error, you only need to use the hi side z-score because the confidence interval is symmetric about the mean and the margin of error above the mean is the same as the margin of error below the mean.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "formula becomes 1.96 = (x-m) / standard error which becomes 1.96 = (x-m) / .0307406515.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "solve for (x-m) to get (x-m) = 1.96 * .0307406515 = .0602516769.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that should be the margin of error on either side of the mean at 95% confidence interval.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the mean is equal to 69/225 \n" ); document.write( "that minus the margin of error yields a low side value of .2464149897. \n" ); document.write( "that plus the margin of error yields a high side value of .3669183436.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this is tested using the calculator at https://davidmlane.com/hyperstat/z_table.html\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "below are the results.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " ![]() \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " ![]() \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your solution is shown below:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the margin of error is .0602516769 at 95% confidence interval.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the 95% confidence interval is from .2464149897 to .3669183436.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "let me know if you have any questions. \n" ); document.write( "theo\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |