Final answer:
To create a 95% confidence interval for the proportion of fours in 100 spins, use the plus-four method. The observed proportion of fours is within the margin of error of the simulation results.
Step-by-step explanation:
To create a 95% confidence interval for the proportion of fours in 100 spins, we can use the plus-four method.
The observed proportion of fours is 26/100 = 0.26. To adjust for the error in calculating the confidence interval, we add 2 successes and 2 failures, resulting in a new sample size of 100 + 4 = 104 spins.
Using the plus-four method, the confidence interval can be calculated as follows:
Lower bound = (26 + 2) / (100 + 4) = 0.28
Upper bound = (26 + 2) / (100 + 4) = 0.32
Therefore, the 95% confidence interval for the proportion of fours in 100 spins is [0.28, 0.32].
The observed proportion of fours (0.26) is within the margin of error of the simulation results because it falls within the confidence interval.