PLEASE HELP! An organization surveyed a random sample of their employees about their new vacation policy. Out of the employees s
urveyed, 83% rated the vacation policy as "delightful" with a margin of error of ±2% and a confidence interval of 95%. What does the margin of error imply?
A.It can be concluded, with 81% confidence, that between 93% and 97% of all employees will rate the vacation policy as "delightful."
B.It can be concluded, with 95% confidence, that at least 81% of all employees will rate the vacation policy as "delightful."
C.It can be concluded, with 95% confidence, that between 81% and 85% of all employees will rate the vacation policy as "delightful."
D.It can be concluded, with 81% confidence, that at least 95% of all employees will rate the vacation policy as "delightful."
Here, according to the given question, margin of error means that the number of people who rated the vacation as 'delightful' ranges between 81% (83-2) and 85% (83+2) of the population at a 95% confidence interval. The range is formed as 81% to 85% as its given that the margin of error is ±2% .
<em>Therefore, only option C is having both the ranges, 81% and 85%. So, option C is the correct answer.</em>
C.It can be concluded, with 95% confidence, that between 81% and 85% of all employees will rate the vacation policy as "delightful."
An animal shelter has $2500 in its reserve fund. The shelter charges $40 per animal placement and would like to have at least $4000 in its reserve fund. Write an inequality to represent this situation.
