Question

We assume that we have selected two independent random samples from populations having proportions p1p_1 and p2p_2 and that p^1=800/1,000=.8\hat{p}_1=800 / 1,000=.8 and p^2=950/1,000=.95\hat{p}_2=950 / 1,000=.95.

Calculate a 9595 percent confidence interval for p1p2p_1-p_2. Interpret this interval. Can we be 9595 percent confident that p1p2p_1-p_2 is less than 00? That is, can we be 9595 percent confident that p1p_1 is less than p2p_2? Explain.

Solutions

Verified
Answered 9 months ago
Step 1
1 of 7

The goal of this task is to compute a confidence interval for p1p2p_1-p_2 with a 95%95\% confidence interval.

When we have to compute a 100(1α)%100(1-\alpha)\% confidence interval for p1p2p_1-p_2, the formula we have to use is

[(pˆ1pˆ2)±zα/2pˆ1(1pˆ1)n1+pˆ2(1pˆ2)n2].\left[ (\^p_1-\^p_2) \pm z_{\alpha/2} \cdot \sqrt{\frac{\^p_1(1-\^p_1)}{n_1}+\frac{\^p_2(1-\^p_2)}{n_2}} \right].

Create an account to view solutions

By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Continue with GoogleContinue with Facebook

Create an account to view solutions

By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Continue with GoogleContinue with Facebook

More related questions

1/4

1/7