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town takes a survey to gauge support for a new public library. 1078 respondents say yes, 686 respondents say no. What is the 95% confidence interval for approval of the library? Round to three decimal places.Upper bound Lower bound

Question

town takes a survey to gauge support for a new public library. 1078 respondents say yes, 686 respondents say no. What is the 95% confidence interval for approval of the library? Round to three decimal places.Upper bound Lower bound

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Solution

To calculate the 95% confidence interval for the proportion of respondents who support the new public library, follow these steps:

  1. Determine the sample proportion (p): p=Number of "yes" responsesTotal number of responses=10781078+686=107817640.611 p = \frac{\text{Number of "yes" responses}}{\text{Total number of responses}} = \frac{1078}{1078 + 686} = \frac{1078}{1764} \approx 0.611

  2. Calculate the standard error (SE) of the proportion: SE=p(1p)n=0.611×(10.611)1764=0.611×0.38917640.23787917640.0001350.012 SE = \sqrt{\frac{p(1 - p)}{n}} = \sqrt{\frac{0.611 \times (1 - 0.611)}{1764}} = \sqrt{\frac{0.611 \times 0.389}{1764}} \approx \sqrt{\frac{0.237879}{1764}} \approx \sqrt{0.000135} \approx 0.012

  3. Find the Z-score for a 95% confidence interval: The Z-score for a 95% confidence interval is approximately 1.96.

  4. Calculate the margin of error (ME): ME=Z×SE=1.96×0.0120.024 ME = Z \times SE = 1.96 \times 0.012 \approx 0.024

  5. Determine the confidence interval: Lower bound=pME=0.6110.024=0.587 \text{Lower bound} = p - ME = 0.611 - 0.024 = 0.587 Upper bound=p+ME=0.611+0.024=0.635 \text{Upper bound} = p + ME = 0.611 + 0.024 = 0.635

Therefore, the 95% confidence interval for the approval of the library is approximately:

  • Lower bound: 0.587
  • Upper bound: 0.635

This problem has been solved

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