Use the following to answer the questions below:
The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business) . He selects a random sample of 150 households and finds that 64 have pets.
-Construct a 95% confidence interval for the proportion of the city's households that own pets. Round the sample proportion and margin of error to three decimal places.
A) 0.348 to 0.506
B) 0.361 to 0.493
C) 0.323 to 0.531
D) 0.331 to 0.523
Correct Answer:
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