A survey was given to a random sample of the residents of a town to determine whether they support a new plan to raise taxes in order to increase education spending. The percentage of people who said they favored the plan was 35%. The margin of error for the survey was 3%. Which of the following is a reasonable value for the actual percentage of the residents that support the tax plan?32.4%39.4%30.8%38.8%
Q. A survey was given to a random sample of the residents of a town to determine whether they support a new plan to raise taxes in order to increase education spending. The percentage of people who said they favored the plan was 35%. The margin of error for the survey was 3%. Which of the following is a reasonable value for the actual percentage of the residents that support the tax plan?32.4%39.4%30.8%38.8%
Understand Margin of Error: Understand the concept of margin of error. The margin of error in a survey gives us a range in which the true value is likely to fall. In this case, the margin of error is 3%. This means that the actual percentage of residents who support the tax plan could be 3% higher or 3% lower than the reported 35%.
Calculate Lower End: Calculate the lower end of the margin of error.To find the lower end of the range, we subtract the margin of error from the reported percentage.35%−3%=32%
Calculate Upper End: Calculate the upper end of the margin of error.To find the upper end of the range, we add the margin of error to the reported percentage.35%+3%=38%
Determine Reasonable Values: Determine the reasonable values for the actual percentage. The reasonable values for the actual percentage of residents that support the tax plan would fall between 32% and 38%. Therefore, any value outside this range would not be considered reasonable given the margin of error.
Compare with Options: Compare the given options with the calculated range.We have the following options:- 32.4%- 39.4%- 30.8%- 38.8%We can see that 32.4% and 38.8% fall within the range of 32% to 38%, while 39.4% and 30.8% do not.
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