Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

insurance companies are interested in knowing the population percent of…

Question

insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. they randomly survey 382 drivers and find that 288 claim to always buckle up. construct a 90% confidence interval for the population proportion that claim to always buckle up. do not round between steps. round answers to at least 4 decimal places. question help: message instructor submit question

Explanation:

Step1: Calculate sample proportion

The sample proportion $\hat{p}=\frac{x}{n}$, where $x = 288$ (number of successes) and $n=382$ (sample size).
$\hat{p}=\frac{288}{382}\approx0.7539$

Step2: Find $z -$ value

For a $90\%$ confidence interval, the significance level $\alpha=1 - 0.90=0.10$, and $\alpha/2=0.05$. The $z -$ value $z_{\alpha/2}=z_{0.05}$. From the standard normal table, $z_{0.05} = 1.645$

Step3: Calculate the margin of error

The margin of error $E=z_{\alpha/2}\sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}$
Substitute $\hat{p}=0.7539$, $n = 382$, and $z_{\alpha/2}=1.645$
$E=1.645\sqrt{\frac{0.7539\times(1 - 0.7539)}{382}}$
First, calculate $(1-\hat{p})=1 - 0.7539 = 0.2461$
$\hat{p}(1-\hat{p})=0.7539\times0.2461\approx0.1856$
$\frac{\hat{p}(1-\hat{p})}{n}=\frac{0.1856}{382}\approx0.000486$
$\sqrt{\frac{\hat{p}(1-\hat{p})}{n}}\approx\sqrt{0.000486}\approx0.0220$
$E=1.645\times0.0220\approx0.0362$

Step4: Calculate the confidence interval

The confidence interval for the population proportion $p$ is $\hat{p}-ESubstitute $\hat{p}=0.7539$ and $E = 0.0362$
$\hat{p}-E=0.7539-0.0362 = 0.7177$
$\hat{p}+E=0.7539+0.0362=0.7901$

Answer:

$0.7177 < p < 0.7901$