To estimate the proportion of a population that has a certain characteristic, a random sample was selected from the population. Based on the sample, it is estimated that the proportion of the population that has the characteristic is 0.49, with an associated margin of error of 0.04. Based on this estimate and margin of error, which of the following is the most appropriate conclusion about the proportion of the population that has the characteristic?
Correct answer: A. It is plausible that the proportion is between 0.45 and 0.53.
- A. It is plausible that the proportion is between 0.45 and 0.53.
- B. It is plausible that the proportion is less than 0.45.
- C. The proportion is exactly 0.49.
- D. It is plausible that the proportion is greater than 0.53.
Explanation
Choice A is correct. It's given that the estimate for the proportion of the population that has the characteristic is 0.49 with an associated margin of error of 0.04. Subtracting the margin of error from the estimate and adding the margin of error to the estimate gives an interval of plausible values for the true proportion of the population that has the characteristic. Therefore, it's plausible that the proportion of the population that has this characteristic is between 0.45 and 0.53.
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Quantitative reasoning applies arithmetic and basic algebra to numerical relationships, including percentages, ratios, averages, fractions, proportions, profit and loss, rates, time, work and measurement. Questions focus on translating words into equations, choosing an efficient method and checking whether the result is numerically reasonable.
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