The sample proportion p^ can be calculated by dividing the number of voters against school bond measures by the total number of voters:
p^ = 403/1000 = 0.403
The margin of error m for the 95% confidence level can be calculated using the formula:
m = z*(sqrt(p^*(1-p^)/n))
Where:
- z* is the critical value for the confidence level (given as 1.960 for 95% confidence level)
- p^ is the sample proportion
- n is the sample size
Substituting the values, we get:
m = 1.960*(sqrt(0.403*(1-0.403)/1000)) = 0.032
Therefore, the sample proportion p^ is 0.403 and the margin of error m for the 95% confidence level is 0.032.