Construct a 90% confidence interval of the population proportion using the given information X =120, n= 300The lower bound isThe upper bound is

Solution
For this case we have the following data:
x= 120 , n= 300
The sample proportion is given by:
[tex]p_x=\frac{X}{n}=\frac{120}{300}=\frac{2}{5}^{}[/tex]The confidence interval for a proportion is given by:
[tex]P_x\pm z_{\frac{\alpha}{2}}\cdot\sqrt[]{\frac{P_x(1-P_x)}{n}}[/tex]The critical value for 90% confidence given is z= 1.645 and replacing we have:
[tex]\frac{2}{5}\pm1.645\cdot\sqrt[]{\frac{\frac{2}{5}(1-\frac{2}{5})}{300}}[/tex]Then the confidence interval is:
(0.353; 0.447)