Local government officials are interested in knowing if taxpayers are willing to support a school bond initiative that will require an increase in property taxes. A random sample of 1,200 likely voters was taken. Six hundred fifty of those sampled favored the school bond initiative. The 95% confidence interval for the true proportion of voters favoring the initiative is ________.
Group of answer choices
[0.565, 0.635]
[0.500, 0.700]
[0.513, 0.570]
[0.541, 0.639]
Givevn : n=1200 , X=650
The sample proportion is , p=X/n=650/1200=0.5417
q=1-p=1-0.5417=0.4583
Now , ; From standard normal distribution table
Therefore , the 95% confidence interval for the true proportion of voters favoring the initiative is ,
Local government officials are interested in knowing if taxpayers are willing to support a school bond...