The management of the company decided to find out what percent of employees are late for work. According to the results of observations performed during the month, it was found that on average each day about 7.5% of employees are late for work. The standard error of the study was 0.011. Find and interpret the margin of error for this study with the confidence level of 95%.
A)The margin of error is 0.022.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.022 (or 2.2%).
B)The margin of error is 0.018.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.018 (or 1.8%).
C)The margin of error is 0.011.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.011 (or 1.1%)
D)The margin of error is 0.022.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.011 (or 1.1%).
E)The margin of error is 0.018.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.009 (or 0.9%).

Question

The management of the company decided to find out what percent of employees are late for work. According to the results of observations performed during the month, it was found that on average each day about 7.5% of employees are late for work. The standard error of the study was 0.011. Find and interpret the margin of error for this study with the confidence level of 95%.
A)The margin of error is 0.022.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.022 (or 2.2%). 
B)The margin of error is 0.018.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.018 (or 1.8%). 
C)The margin of error is 0.011.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.011 (or 1.1%) 
D)The margin of error is 0.022.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.011 (or 1.1%). 
E)The margin of error is 0.018.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.009 (or 0.9%).

Quizplus · Accepted Answer

The Answer of The management of the company decided to find out what percent of employees are late for work. According to the results of observations performed during the month, it was found that on average each day about 7.5% of employees are late for work. The standard error of the study was 0.011. Find and interpret the margin of error for this study with the confidence level of 95%.
A)The margin of error is 0.022.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.022 (or 2.2%). 
B)The margin of error is 0.018.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.018 (or 1.8%). 
C)The margin of error is 0.011.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.011 (or 1.1%) 
D)The margin of error is 0.022.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.011 (or 1.1%). 
E)The margin of error is 0.018.This estimate or 7.5% differs from the actual population proportion (real proportion of employees who are late for work) by no more than 0.009 (or 0.9%).

The Management of the Company Decided to Find Out What