Answer:
The margin of error for this population proportion using half the range = ±0.09
Explanation:
Confidence Interval is basically an interval of range of values where the true proportion can be found with a certain level of confidence.
Margin of Error is the width of the confidence interval about the central proportion.
For this question, the minimum sample proportion from the simulation is 0.10, and the maximum sample proportion from the simulation is 0.28, hence, the confidence interval for the question is (0.10, 0.28).
The width of this confidence interval = (Upper limit of the interval) - (Lower limit of the interval) = 0.28 - 0.10 = 0.18.
Hence, the margin of error for this population proportion using half the range, is 0.18/2 = 0.09.
Written appropriately as ±0.09.
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