(b) Find a 95% confidence interval for p. p=0.2733 (For each answer, enter a number. Round your answers to three decimal places.) lower limit _______ upper limit _______

Give a brief explanation of the meaning of the interval. (select the correct answer)

We are 95% confident that the true proportion of shoppers who stock up on bargains falls outside this interval.

We are 5% confident that the true proportion of shoppers who stock up on bargains falls above this interval.

We are 5% confident that the true proportion of shoppers who stock up on bargains falls within this interval.

We are 95% confident that the true proportion of shoppers who stock up on bargains falls within this interval.

(c)As a news writer, how would you report the survey results on the percentage of supermarket shoppers who stock up on items when they find the item is a real bargain? (select the correct answer)

Report p along with the margin of error.

Report the confidence interval.

Report the margin of error.

Report p.

What is the margin of error based on a 95% confidence interval? ______ (Enter a number. Round your answer to three decimal places.)