Confidence interval estimate for the proportion

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Reference no: EM1316915

Below is a printout of a confidence interval estimate for the proportion of the clients who are female using the 108 data points. Do a sample of 20 data points. Use 20 random numbers that is below, to select the files.

Confidence Interval Estimate for the Mean

Data

Sample Size

108

Number of Successes

64

Confidence Level

95%

Intermediate Calculations

 

Sample Proportion

0.592592593

Z Value

-1.95996398

Standard Error of the Proportion

0.047280351

Interval Half Width

0.092667785

Confidence Interval

 

Interval Lower Limit

0.499924807

Interval Upper Limit

0.685260378

1. When would you use hypothesis testing and when would you use confidence intervals?

2. In news articles on surveys and polling, there usually is a statement on the margin of error. This is another term for the significance level. In few sentences describe one that you have seen either on TV or in newspapers or magazines.

Reference no: EM1316915

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