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I have a (for me tricky) statistic exam question and can't find the answer. All I know is the information which I post here. Here we go ...
A research company asked 1000 participants which party they would vote in the next election. The calculated CI is [31,53;36,47]. Unfortunately, the research company forgot to tell the company which α level they used. "Calculate" the α level (or do whatever necessary to find the α ;) )
The answer is 10% but I have no idea how to get it ...
Thx in advance!
@Roland gives a great answer.
You could also use R's pbinom() function.
> pbinom(364.7, 1000, 0.34)
[1] 0.9484374
0.34 is the binomial probability. You get this by computing the middle of the confidence interval (34% = 0.34).
1000 is the number of trials (= participants).
364.7 is the upper limit of the confidence interval, expressed in terms of the number of participants expected to answer in the "yes" direction.
The result, 0.948, tells us that 5% of the distribution lies to the right of the confidence interval. Double that to get 10%, the total amount of the distribution that lies outside the confidence interval.
From the confidence interval, you know the point estimate: 34. You also know that the radius of the confidence interval 36.47-34 = 2.47 is linked to the standard error of the estimator and the level of the test, $\alpha$. In this case, an estimate of the standard error of the estimator is equal to $$\hat \sigma = \sqrt(34*(100-34)/1000) = 1.5$$ When the (two-sided) test is at 5%, we usually say that the radius of the CI is roughly twice this standard error, twice corresponding to $Q(1-.05/2) = 1.959964$, where $Q(.)$ is the quantile function of the normal distribution. Here $Q(1-.10/2) = 1.644854$ which happens to be very close to 2.47/1.5 = 1.646667.
