Let's say you survey a random sample of 70 people. You ask the people in your survey if they prefer apples or oranges. You find that 53% prefer apples over oranges. You decide to make a 95% confidence interval for the proportion of people who prefer apples. What is the margin of error? (margin of error is z* times the standard error) Keep 3 places after the decimal place.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Let's say you survey a random sample of 70 people. You ask the people in your survey if they prefer apples or oranges. You find that 53% prefer apples over oranges.

You decide to make a 95% confidence interval for the proportion of people who prefer apples.

What is the margin of error? (margin of error is z* times the standard error)

Keep 3 places after the decimal place. 

Expert Solution
Step 1

given data 

n = 70

p = 0.53

95% ci for p

margin of error (E) = ? 

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