Point estimate for a population proportion p
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Transcript of Point estimate for a population proportion p
Point Estimate for the Population Proportion
Presented by Group 4
Point estimate: A single numberInterval estimate: Interval of numbers • A point estimate predicts a
parameter by a single number. An interval estimate is an interval of numbers that are believable values for the parameter.
Lesson Objectives • Understand the population proportion • Illustrate the sampling distribution
estimator of • State the characteristics of the sampling
distribution of the estimator of • Identify the point estimator for the
population proportion • Compute the point estimator of a
population proportion
Point Estimate • Proportions can be obtained from
samples or populations.• To facilitate our discussions you
should use the following symbols. = number of observations in a simple random sample = sample proportion ( read as “p hat”) = population proportion =
Point Estimate • = population proportion
sample proportion of x successes in a sample of size n . Unbiased estimate (best estimate) = 1 - = sample proportion of failures in a sample size n
Example #1 • Find the point estimate of the proportion of
people wear hearing aids , if a random sample of 200 people , 25 people had hearing aids.
Example #2• In a political rally an opinion poll was
conducted among the present voters if they approve the platform of the candidate. 201 said they do approve. If there were 500 individuals in the sample what is p ? What is q?
Characteristics of Sampling Distribution of
Get a partner and answer the given
exercise in 1 whole sheet of paper