303 W 4 Excel template

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Week4Assignment-ExceltemplateforCIwithanexample.xls

Example

Source: https://openstax.org/books/introductory-business-statistics/pages/8-3-a-confidence-interval-for-a-population-proportion

Template

Confidence Interval for Population Proportion Notes
Number of successes in sample 421
Sample size, n 500
confidence level, c 0.95
sample proportion, p 0.842 Number of successes/sample size
critical z value, z 1.9599639845 Uses the NORMSINV function in excel; NORMSINV((1+c)/2)
standard error, SE 0.0163117136 SQRT(p*(1-p)/n)
margin of error, MOE 0.0319703711 z * SE
lower confidence limit 0.8100296289 p - MOE
upper confidence limit 0.8739703711 p + MOE
Enter data highlighted in yellow. Rows 5 through 10 are calcualted using data from rows 2 through 4.