Final Answer:
1) The 95% confidence interval for the proportion of car accidents with teenage drivers is (0.1216, 0.1784).
2) This interval suggests that we are 95% confident that the true proportion of accidents involving teenage drivers falls between 12.16% and 17.84%.
Step-by-step explanation:
1) To calculate the confidence interval, statistical methods are applied using sample data. In this case, the interval (0.1216, 0.1784) is generated for the true proportion of car accidents with teenage drivers, providing a range within which we can be 95% confident the population parameter exists.
2) Interpreting the interval, it means we are reasonably sure that the actual proportion of accidents involving teenage drivers lies between 12.16% and 17.84%. This range is derived from the observed sample data and the statistical methods used.