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 the supported the plan to raise taxes was 63%. The margin of error for the survey was 5%. Write a confidence interval for the percentage of the population that favors the plan.(______,______)
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 the supported the plan to raise taxes was 63%. The margin of error for the survey was 5%. Write a confidence interval for the percentage of the population that favors the plan.(______,______)
Calculate Lower Bound: Calculate the lower bound of the confidence interval by subtracting the margin of error from the percentage of people who support the plan. 63%−5%=58%
Calculate Upper Bound: Calculate the upper bound of the confidence interval by adding the margin of error to the percentage of people who support the plan. 63%+5%=68%
Write Confidence Interval: Write the confidence interval using the lower and upper bounds.The confidence interval is 58% to 68%.
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