Answer:
0.98 also 98%
Explanation:
In this question we have the Lower limit to be 0.16
We have the Upper limit to be 0.24
Such that (0.16+0.24)/2 = 0.40/2 = 0.20
Standard deviation= √(0.2x0.8/545) this gives 0.017134
Next we get margin of error
Margin of error = 0.24-0.20 = 0.04
Z multiplied by sd =0.04
Such that
Z = 0.04/0.017134 =2.33
On this z score, the Corresponding level of confidence is 0.98
Which is 98%