A poll found that 85% of a random sample of 1056 adults said that they believe in ghosts.
a. Determine the margin of error for a 99% confidence interval.
b. Without doing any calculations, indicate whether the margin of error is larger or smaller for a 90% confidence interval.
Refer Z-table or use excel function "=NORM.S.INV((1-0.005))" to find the Z-value
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The margin of error becomes smaller as the level of confidence decreases (that is from 99% to 90%).
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