A random sample of 100 undergraduate students at a university found that 78 of them had used the university library’s website to find resources for a class. What is the margin of error for the true proportion of all undergraduates who had used the library’s website to find resources for a class?
margin of error suggests a confidence interval, but no width has been suggested
if we wanted to be 99% confident that the true population proportion was within a given interval, we would use z=2.576 and use the standard error as a multiplier
what would the equation I would use be???
Hint: use the central limit theorem, and use a maximum value for the standard deviation for a bernouli random variable.
Now, as amistre indicated, we don't know how "confident" you want the estimate to be, but you can leave it unspecified, e.g., the alpha percentile.
the standard error is just a modification of the standard deviation. in this case: and i dont really understand why, the binomial standard deviation is sqrt(npq) with a mean of np (the mean i get) \[z=\frac{x-np}{\sqrt{npq}}\] \[z=\frac{\frac{x-np}{n}}{\frac{\sqrt{npq}}{n}}\] \[z=\frac{\frac{x}{n}-p}{ \sqrt{\frac{npq}{n^2}}}\] \[z=\frac{\frac{x}{n}-p}{ \sqrt{\frac{pq}{n}}}\] \[z \sqrt{\frac{pq}{n}}=\frac{x}{n}-p\] \[\underbrace{p}_{midpoint}\pm \underbrace{z \sqrt{\frac{pq}{n}}}_{margin~of~error}=\underbrace{\pm\frac{x}{n}}_{end~points}\]
something like that,
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