Given Information:
mean = μ = 56%
margin of error = σ = 3%
Confidence Level = 95%
Required Information:
Range of mean with 95% confidence Level = ?
Answer:
Range of mean with 95% confidence Level = 50% to 62%
Step-by-step explanation:
We know that within 95 % confidence interval, the data will fall within 2 standard deviations from the mean
μ ± 2σ
We have mean μ = 0.56 and standard error σ = 0.03
0.56 + 2*0.03 and 0.56 - 2*0.03
0.56 + 0.06 and 0.56 - 0.06
0.62 and 0.50
or
50% to 62%
Conclusion:
Since the percentage is 50 or greater, option B best fits the scenario, more than half of all people prefer texting
We are 95% confidence that 50 to 62 % of the the respondents prefer to use cell phones for texting rather than for making phone calls.