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TASMath MethodsUnit 4

Quick questions on Interval estimates and confidence intervals - TCE Mathematics Methods (Tasmania)

3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is constructing a confidence interval?
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A confidence interval takes the point estimate and adds and subtracts a margin of error.
What is choosing a sample size for a target margin?
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A common design question reverses the formula: given a required margin of error EE, find the sample size nn needed. Rearranging E=zp^(1p^)nE = z\sqrt{\dfrac{\hat{p}(1-\hat{p})}{n}} gives $n=z2p^(1p^)E2.n = \frac{z^{2}\,\hat{p}(1-\hat{p})}{E^{2}}.Whennopriorestimateof When no prior estimate of \hat{p}isavailable,use is available, use \hat{p} = 0.5,because, because \hat{p}(1-\hat{p})islargestthereandsogivesthesafest(largest)samplesize.Alwaysround is largest there and so gives the safest (largest) sample size. Always round nuptothenextwholenumber,sinceafractionalpersoncannotbesurveyedandroundingdownwouldleavethemarginslightlytoowide.Forexample,a up to the next whole number, since a fractional person cannot be surveyed and rounding down would leave the margin slightly too wide. For example, a 95\%intervalwithmargin interval with margin 0.03and and \hat{p} = 0.5needs needs n = \dfrac{1.96^{2}\times 0.25}{0.03^{2}} \approx 1067.1,sosurvey, so survey 1068$ people.
What is finding the confidence level from a given interval?
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Some questions hand you a completed interval and ask which confidence level produced it. Take half the interval width as the margin EE, divide by the standard error to recover zz, then identify the confidence level from the standard zz-values (1.6451.645 for 90%90\%, 1.961.96 for 95%95\%, 2.5762.576 for 99%99\%). This reverses the construction and is a favourite TASC twist on the standard interval question.

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