A) Now look, in the year 2000, the population is 118,000 In the year 2006 is 138,000 To find the percent change |Original Amt - New Amt| -------------------------------- x100 Original Amt
So for this question you would do 118,00 - 138,000 (ignore the negativesss)
and you get -20,000 (ignore the negatives) and then you get 20,000
Now, you have to do 20,000 divided by 118,000 x 100
20,000 divided by 118,000 and you get 0.169491525
Now you have to multiply 0.169491525 by 100
0.169491525 x 100 = 16.9491525
Round this and you get a 16.9% change.
b) To predict the population in 2012 you will have to do 138,000 + 16.9%
To calculate this you have to do this: 138,000 x 0.169 = 23322
The larger the confidence level, the wider the confidence interval gets. Choice A provides the largest such confidence level.
It's like trying to catch an elusive fish. The wider the net, the more confident that you are likely to catch the fish. The size of the net can be a sort of measure of the confidence level.