00:01
Hey there, welcome to numerate.
00:02
We were actually constructing 99 % confidence interval over here for the population proportion.
00:12
So let's first write what we're given here.
00:15
So we're given the sample size and the x value.
00:21
So what we are trying to look here is p, right? so p is the proportion, so we're going to do 169, divided by 1 ,000.
00:30
And we're going to get a value of around 0 .169 for p.
00:44
And with that, we also need to find our z critical.
00:48
Based on a 99 % confidence interval, it will equal around 2 .58.
00:55
And again, our sample size is the 1 ,000.
00:59
So let's calculate this.
01:01
Put into our equation first.
01:03
So we will have confidence interval equals.
01:18
We draw this here.
01:21
Okay, equals.
01:22
So our proportion here, let's just round up to 0 .17, but we're going to carry out of digits when calculating, plus and minus our z critical, 2 .58 times the square root.
01:42
So what we have is 0 .17, so 0 .17 .1 .1 .1 .1 will equals 0 .83 divided by 1 ,000.
01:55
Okay, so we're going to get a lower bound and upper bound for a confidence interval.
02:02
Let's see here...