Answer:
95% CI: [0.25;0.29]
Step-by-step explanation:
Hello!
1572 randomly selected people where asked if the government should give financial assistance to college students from low-income families, 428 answered affirmatively.
You need to estimate using a 95% CI the proportion of Americans that believe it is the government's responsibility.
First, identify the study variable:
X: Number of people that think the government should give financial assistance to college students from low-income families out of 1572 surveyed Americans.
This variable has a binomial distribution and since the sample is large enough (n≥30; n*p'≥5 and n*(1-p')≥5), you can apply the Central Limit Theorem to approximate the distribution of the sampling proportion to normal and use this approximation to calculate the Confidence Interval:
p' ± [tex]Z_{1-\alpha /2}[/tex] * [tex]\sqrt{\frac{p'(1-p')}{n} }[/tex]
sample proportion p'=428/1572= 0.27
[tex]Z_{1-\alpha /2}= Z_{0.975}= 1.965[/tex]
0.27 ± 1.965 * [tex]\sqrt{\frac{0.27*0.73}{1572} }[/tex]
[0.247;0.292] ≅ [0.25;0.29]
I hope it helps!