# Question

There is concern that too many newly created jobs in the economy are low paying service industry positions. In a random sample of 1500 newly created positions (out of a total of approximately 130,000 new jobs), 810 could be accurately classified as low paying service industry positions.

a. Use this sample result to construct the 95% confidence interval estimate of the overall percentage of new jobs that could be so classified.

b. Identify the standard error term and the margin of error term in the interval.

a. Use this sample result to construct the 95% confidence interval estimate of the overall percentage of new jobs that could be so classified.

b. Identify the standard error term and the margin of error term in the interval.

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