Answer :
Let's walk through the steps to construct a [tex]$95\%$[/tex] confidence interval for the proportion of subscribers who would like more national news coverage.
1. Calculate the sample proportion ([tex]\(\hat{p}\)[/tex]):
The sample proportion is calculated as the number of subscribers who responded positively divided by the total number of subscribers surveyed.
[tex]\[ \hat{p} = \frac{594}{1800} = 0.33 \][/tex]
2. Calculate the margin of error (E):
The margin of error at a [tex]$95\%$[/tex] confidence level with a [tex]\(z^*\)[/tex]-score of 1.96 is calculated using the formula:
[tex]\[ E = z^* \cdot \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}} \][/tex]
Substituting the values:
[tex]\[ E = 1.96 \cdot \sqrt{\frac{0.33 \cdot (1 - 0.33)}{1800}} \approx 0.02172271928956716 \][/tex]
To convert the margin of error to a percentage:
[tex]\[ \text{Margin of Error} \approx 2.172271928956716\% \][/tex]
Rounding to the nearest tenth of a percent gives:
[tex]\[ \text{Margin of Error} \approx 2.2\% \][/tex]
3. Construct the confidence interval:
The confidence interval is calculated as:
[tex]\[ \hat{p} \pm E \][/tex]
For the lower bound:
[tex]\[ \text{Lower Bound} = 0.33 - 0.02172271928956716 \approx 0.30827728071043285 \][/tex]
For the upper bound:
[tex]\[ \text{Upper Bound} = 0.33 + 0.02172271928956716 \approx 0.3517227192895672 \][/tex]
To convert these bounds to percentages:
[tex]\[ \text{Lower Bound} \approx 30.827728071043285\% \][/tex]
[tex]\[ \text{Upper Bound} \approx 35.17227192895672\% \][/tex]
Rounding to the nearest tenth of a percent:
[tex]\[ \text{Lower Bound} \approx 30.8\% \][/tex]
[tex]\[ \text{Upper Bound} \approx 35.2\% \][/tex]
So, to complete the statements:
- The estimated population proportion is [tex]\(33\%\)[/tex].
- When the margin of error is calculated using the formula [tex]\(E = z^* \cdot \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}\)[/tex], to the nearest tenth of a percent, the result is [tex]\(2.2\%\)[/tex].
- With [tex]$95\%$[/tex] confidence, it can be said that the proportion of subscribers who would like more coverage of national news is between [tex]\(30.8\%\)[/tex] and [tex]\(35.2\%\)[/tex].
1. Calculate the sample proportion ([tex]\(\hat{p}\)[/tex]):
The sample proportion is calculated as the number of subscribers who responded positively divided by the total number of subscribers surveyed.
[tex]\[ \hat{p} = \frac{594}{1800} = 0.33 \][/tex]
2. Calculate the margin of error (E):
The margin of error at a [tex]$95\%$[/tex] confidence level with a [tex]\(z^*\)[/tex]-score of 1.96 is calculated using the formula:
[tex]\[ E = z^* \cdot \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}} \][/tex]
Substituting the values:
[tex]\[ E = 1.96 \cdot \sqrt{\frac{0.33 \cdot (1 - 0.33)}{1800}} \approx 0.02172271928956716 \][/tex]
To convert the margin of error to a percentage:
[tex]\[ \text{Margin of Error} \approx 2.172271928956716\% \][/tex]
Rounding to the nearest tenth of a percent gives:
[tex]\[ \text{Margin of Error} \approx 2.2\% \][/tex]
3. Construct the confidence interval:
The confidence interval is calculated as:
[tex]\[ \hat{p} \pm E \][/tex]
For the lower bound:
[tex]\[ \text{Lower Bound} = 0.33 - 0.02172271928956716 \approx 0.30827728071043285 \][/tex]
For the upper bound:
[tex]\[ \text{Upper Bound} = 0.33 + 0.02172271928956716 \approx 0.3517227192895672 \][/tex]
To convert these bounds to percentages:
[tex]\[ \text{Lower Bound} \approx 30.827728071043285\% \][/tex]
[tex]\[ \text{Upper Bound} \approx 35.17227192895672\% \][/tex]
Rounding to the nearest tenth of a percent:
[tex]\[ \text{Lower Bound} \approx 30.8\% \][/tex]
[tex]\[ \text{Upper Bound} \approx 35.2\% \][/tex]
So, to complete the statements:
- The estimated population proportion is [tex]\(33\%\)[/tex].
- When the margin of error is calculated using the formula [tex]\(E = z^* \cdot \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}\)[/tex], to the nearest tenth of a percent, the result is [tex]\(2.2\%\)[/tex].
- With [tex]$95\%$[/tex] confidence, it can be said that the proportion of subscribers who would like more coverage of national news is between [tex]\(30.8\%\)[/tex] and [tex]\(35.2\%\)[/tex].