:5aa. Solution. 20% of the tickets in the sample are marked with a 4, which will be the center of the confidence interval. To find the SE of the percentage of 4's in a sample of size 100, we begin by creating a new population by replacing every 4 with a 1 and every 4 with a 0. This gives us a 0-1 population and a 0-1 sample. Estimating the (new) 0-1 box by the (new) sample average, we get
box SD = square root of .2 x .8 = (.16)^(1/2) = .4
SE for the sum = .4 x square root of 100 = .4 x 10 = 4
SE for % = 4/100 x 100% = 4%,
so an approximate 99.7% confidence interval is given by 20 +/ (3x4%) = 20 +/ 12%. & &I