A magazine provided results from a poll of 1500 adults who were asked to identify their favorite pie. Among the 1500 ​respondents, 12​% chose chocolate​ pie, and the margin of error was given as plus or minus5 percentage points. What values do ModifyingAbove p with caret​, ModifyingAbove q with caret​, ​n, E, and p​ represent? If the confidence level is 99​%, what is the value of alpha​?

Respuesta :

Answer with explanation:

The confidence interval for population proportion is given by :_

[tex]p\pm z_{\alpha/2}\sqrt{\dfrac{p(1-p)}{n}}[/tex]

Where : [tex]\sqrt{\dfrac{p(1-p)}{n}}=E[/tex] is the margin of error , n is the sample size , p is the sample proportion of success and [tex]\alpha[/tex] is the significance level.

Given : Confidence level : [tex]0.99[/tex]

Then , Significance level : [tex]\alpha: 1-0.99=0.01[/tex]

Sample size : [tex]n= 1500[/tex]

Sample proportion of ​respondents chose chocolate​ pie: [tex]p=0.12[/tex]

Margin of error : [tex]E=\pm0.05[/tex]