a survey conducted in a certain town found that 1 out of every 5 individuals owned a bike. A statistician calculated the margin of error to be 1.5%. What is the maximum percentage of individuals who own a bike?
2 answers:
The maximum percentage of individuals who own a bike is <span>21.5%</span>
1 out of every 5 means . This means percent.
Margin of error , according to the statistician, is 1.5%.
<u><em>So 20% can be 1.5% less or 1.5% more. </em></u>
We want the MAXIMUM PERCENTAGE , so we take percent. That is the maxium percentage of individuals who can own a bike.
ANSWER: 21.5%
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