It is said that happy and healthy workers are efficient and productive. A company that manufactures exercising machines wanted to know the percentage of large companies that provide on-site health club facilities. A sample of 240 such companies showed that 97 of them provide such facilities on site. Construct a 90 % confidence interval for the percentage of all such companies that provide such facilities on site. What is the margin of error for this estimate? Round your answers to one decimal place.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.