Mathematics
07.03.2021 23:54
103
139
6
Solved by an expert

A survey of 542 consumers reveals that 301 favor the new design for a product. Construct

A survey of 542 consumers reveals that 301 favor the new design for a product. Construct a 90% confidence interval for the true proportion of all consumers who favor the design.
Show Answers
karlyisaunicorn
karlyisaunicorn
4,4(2 marks)

The 90% confidence interval for the true proportion of all consumers who favor the design is (0.52, 0.59).

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of \pi, and a confidence level of 1-\alpha, we have the following confidence interval of proportions.

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which

z is the zscore that has a pvalue of 1 - \frac{\alpha}{2}.

For this problem, we have that:

n = 542, \pi = \frac{301}{542} = 0.555

90% confidence level

So \alpha = 0.1, z is the value of Z that has a pvalue of 1 - \frac{0.1}{2} = 0.95, so Z = 1.645.

The lower limit of this interval is:

\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.555 - 1.645\sqrt{\frac{0.555*0.445}{542}} = 0.52

The upper limit of this interval is:

\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.555 + 1.645\sqrt{\frac{0.555*0.445}{542}} = 0.59

The 90% confidence interval for the true proportion of all consumers who favor the design is (0.52, 0.59).

peno211
peno211
4,4(22 marks)
yes. 3/6 is also the same thing as 1/2.

Popular Questions about the subject: Mathematics

Look at this rectangular prism: If the height is quadrupled, then which...
Mathematics
13.07.2020 09:47
Find the product of 2x cubed and x squared minus 5x minus 4. Problem...
Mathematics
04.05.2022 01:27
The ray EG is the angle bisector of DEF and m DEF = 84º. Find mDEG....
Mathematics
29.06.2020 23:25
Solve 3x/4 - 7/4 = 5x+12​...
Mathematics
10.03.2022 22:21
Solve each inequality, and then drag the correct solution graph to...
Mathematics
09.10.2021 20:36
Found it off the internet and if you get it correct, you get 100 points...
Mathematics
16.07.2020 02:47

New questions by subject

Violet light has a frequency of 7.31 *10^19 Hz. What is the wavelength?...
Chemistry
28.09.2022 17:55
Helppppppppppppppppppp I’ll you brainlist if you don’t respond if you’re...
Mathematics
01.01.2021 15:48
PLEASE HELLPP IM BEGGING ITS ALMOST DUE WILL GIVE BRANNIEST IF ITS...
Mathematics
12.01.2020 09:30
Does anyone know how to do this?...
Mathematics
26.02.2021 20:28
#
#
#
#
# #

We expand our knowledge with many expert answers