web based software company is interested in estimating the proportion of individuals who use the Firefox browser. In a sample of 200 of individuals, 30 users stated that they used Firefox. Using this data, construct a 99% confidence interval for the proportion of all individuals that use Firefox. What is the lower limit on the 99% confidence interval? Give your answer to three decimal places.

Respuesta :

Answer with explanation:

Let [tex]\hat{p}[/tex] denotes the sample proportion.

As per given , we have

n= 200

[tex]\hat{p}=\dfrac{30}{200}=0.15[/tex]

Critical value for 99% confidence : [tex]z_{\alpha/2}=2.576[/tex]

Confidence interval for population proportion :-

[tex]\hat{p}\pm z_{\alpha/2} \sqrt{\dfrac{\hat{p}(1-\hat{p})}{n}}\\\\=0.15\pm (2.576)(\sqrt{\dfrac{0.15(1-0.15)}{200}})\\\\\approx0.15\pm0.065\\\\=(0.15-0.065,\ 0.15+0.065)\\\\=(0.085,\ 0.215)[/tex]

Hence, a 99% confidence interval for the proportion of all individuals that use Firefox: [tex](0.085,\ 0.215)[/tex]

The lower limit on the 99% confidence interval = 0.085

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