Answer:
(0.30, 0.42)
Step-by-step explanation:
Given the sample proportion is = 0.36
Number of trials required for determining the margin of the error = 100
Sample size, n = 50
The point estimate = 0.36
The minimum sample proportion form the simulation = 0.28
The maximum sample proportion from the simulation = 0.40
Also the margin of the error of population proportion is found by using the half of the range.
Therefore, the interval estimate for the true population proportion is = (0.30, 0.42)
South Korean won is weaker than Rand
B) 0.45 and D) 9/20 are both eqivalent to 45%.
