00:02
Once again, welcome to a new problem.
00:06
This time we're dealing with proportions.
00:09
And when you think about proportions, you could have population.
00:15
And the population would have a population proportion, population proportion.
00:22
And the population proportion would be something like the proportion of females in a college campus, the proportion of females in a college campus, and the population proportion is based on capital p, as opposed to the sample proportion, which is p hat.
00:57
So p hat is x over n.
01:00
This is the sample proportion where you take the number of subjects of interest divided by the sample size.
01:21
And for the most part, there's always a likelihood that you want to do an estimation of the population proportion based on the sample proportion.
01:32
And the estimation can have a margin of error and a confidence level.
01:44
So for example, if you're 95 % confident, then it means your error is 5%, or sometimes you call that alpha is 5%.
01:55
And from distribution point of view, what you're saying is that this middle part is 0 .95 in probability.
02:04
And then you split the tails, you get 0 .025 on the left tail and then 0 .025 in the right tail.
02:11
And so the formula for confidence interval is the same as p hat plus minus margin of error, where the margin of error is the same as z alpha over 2, radical p hat, 1 minus p hat, all over n.
02:33
Remember z alpha over 2 for 95 % confidence from the tables would be 1 .96.
02:41
So that's this z score, these two z scores.
02:45
This would be the negative z score, and then this would be the positive z score.
02:49
That's why we have plus and minus over there.
02:55
So coming back to the problem, coming back to the problem, we have a situation where we're thinking about the report.
03:09
So given the 2003 statistical abstract.
03:19
Of the us, we see that the percentage of smokers above 18, and what we're doing in this statistical abstract is to a design study, a designed study collecting data on smokers and non -smokers, on smokers and non -smokers and there's an estimate of the proportion who smoke of 30 there's an estimate of 30 so in part a determine the sample size to estimate the sample size to estimate the proportion of smokers in the population with 95 % confidence level and 0 .02 error or margin of error.
05:32
So that's part a and then part b using sample size requirements or suggestions if you want to call it that from part a the study finds 520 smokers what is the point estimate of proportion of smokers in the population in the population and then in part c, determine the 95 % confidence interval for smokers in the population.
07:05
95 % confidence interval of smokers in the population.
07:10
So we want to jump right into it.
07:12
We have the numbers to work with this problem.
07:16
So we'll start by saying, well, this is.
07:18
This was actually 30%.
07:20
So i just remember that.
07:22
We start by saying the p hat in part a, the p hat is 30%, which is the same as 0 .30.
07:30
The margin of error is 0 .02.
07:33
Remember if you have p hat plus minus margin of error, you're saying 0 .30 plus minus 0 .02.
07:41
And then your confidence level is 95%.
07:45
And that means that if you're looking at a distribution, this middle part is 0 .95.
07:51
And then we split the two sides.
07:53
This other side is 0 .025 and this other side is also 0 .025.
08:00
And so you z alpha over 2 is the same as 1 .96...