Percentage/proportion prediction interval

#1
Hi, anyone could help with this: we know that with a considerably large sample we can estimate what is the proportion of cases having a certain characteristic and calculate the prediction interval of this percentage. The formula used for the interval calculation is conf.int = z * standard error of p.
Does anyone know what happens in cases where a certain characteristic might have very big values (eg 98-99% of the sample) and as a result the upper conf.int. goes beyond the 100% ? Can we just say that we round the number to 100% or is there any special approach? Thanks a lot :)
 

vinux

Dark Knight
#2
I guess you have large sample.
HTML:
 Can we just say that we round the number to 100% -
:yup:yes

When the sample size is large then sd ( p^) will be very small.