Question: Interpreting a Sample Percentage A market analyst sampled n = 484 people and found that p = 65 % of those surveyed preferred the new

Interpreting a Sample Percentage A market analyst sampled n = 484 people and found that p = 65 % of those surveyed preferred the "new and improved" version of a product. Find the Margin of Error and 95% Confidence Interval for this point estimate. Round any percents to two decimal places as needed. 1 Note: Use the conservative estimate of the Margin of Error, , for a 05 % confidence n interval of sample size n. Find the Margin of Error for this point estimate. The Margin of Error is: | 4.55 ' % Find the 95% Confidence Interval for this point estimate and interpret it below. We are 95% confident that the true value of the percent of those who prefer the new and improved product lies between ' 60.45 |%and ' 6955 |%

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