Find the Indicated Margin of Error

question 15

Multiple Choice

Find the indicated margin of error.
-In a random sample of 171 college students, 91 had part-time jobs. Find the margin of error for the 95% confidence interval used to estimate the population proportion.

• A)0.00285
• B)0.0673
• C)0.0748
• D)0.131

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Definitions:

Shortsightedness Effect

The shortsightedness effect refers to the tendency of decision-makers to prioritize short-term gains over long-term outcomes, often leading to suboptimal results.

Immediate Benefits

Advantages or gains that can be realized in the near term without significant delay.

Distant Future

A period of time that is significantly far ahead from the present moment.

Logrolling

In politics, the practice of exchanging favors, especially in legislative bodies, by reciprocal voting for each other's proposed legislation.