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Exercise 16-12 - MATH_115 x Simulating Confidence Intel x Activity 16-3 Video: Genera x (14) Activity 16-2 Video: Cr x * HW8 x G {"version": "1.1","math":" C A prairiestate.desire2learn.com/d21/le/content/110226/viewContent/1555883/View K Question 1 0 / 1 point Credit Card Usage The Nellie Mae organization conducts an extensive annual study of credit card usage by college students. For their 2004 study, they analyzed credit bureau data for a random sample of 1413 undergraduate students between the ages of 18 and 24. They found that 76 % of the students sampled held a credit card. Round your answers to four decimal places, if required. a. Determine this result's margin-of-error with 95 % confidence. Answer: Question 2 0 / 1 point b. Determine a 95% confidence interval for the proportion of all undergraduate college students in the United States who held a credit card in 2004. Answer for blank # 1: .730 Answer for blank # 2: .775 Question 3 0 / 1 point Enter your answers in increasing order, rounded to two decimal places. You are 95 % confident that between ____% and ____% of all undergraduate students between the ages 18 and 24 hold a credit card. Answer for blank # 1: 73.0 Answer for blank # 2: 77.5 Question 4 1 / 1 point c. Comment on whether or not the technical conditions required for the validity of this procedure are satisfied here