Question: The quick method. The quick method of Chapter 3 (pages 4243) uses ^p 1/ n as a rough recipe for a 95% confidence
The quick method. The quick method of Chapter 3 (pages 42–43) uses
^p
± 1/
√
n as a rough recipe for a 95% confidence interval for a population proportion.
The margin of error from the quick method is a bit larger than needed.
It differs most from the more accurate method of this chapter when ^p is close to 0 or 1. An SRS of 500 motorcycle registrations finds that 68 of the motorcycles are Harley-Davidsons. Give a 95% confidence interval for the proportion of all motorcycles that are Harleys by the quick method and then by the method of this chapter. How much larger is the quick-method margin of error?
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