Answer:
[tex] ME = 1.64\sqrt{\frac{0.7 (1-0.7)}{100}}= 0.074[/tex]
And the best answer would be:
b. 0.074.
Step-by-step explanation:
For this case we have the following info given:
[tex] X= 70[/tex] represent the number of people who answer yes for the question
[tex] n= 100[/tex] the sample size selected
[tex]\hat p =\frac{X}{n}=\frac{70}{100}= 0.7[/tex] the proportion estimated of people who answer yes
The margin of error is given by:
[tex] ME = z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}[/tex]
The confidence level is 90% and the significance would be [tex]\alpha=0.1[/tex] and the critical value would be:
[tex] z_{\alpha/2}= 1.64[/tex]
And replacing we got:
[tex] ME = 1.64\sqrt{\frac{0.7 (1-0.7)}{100}}= 0.074[/tex]
And the best answer would be:
b. 0.074.