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Mathematics, 23.04.2022 14:00 majesticfart7736

Please help me I need help An accounting firm wants to know how many tax payers will wait until the last day to file their taxes. A group of 1000 tax filers were randomly surveyed, revealing that 100 of them said it was likely that they would not file until the last day. Based on this information, a 95% confidence statement indicated that the percentage of tax filers who would file on the last day was estimated to be between 8% and 12% of all tax filers. In this problem, which of the following is the margin of error?

a 1%

b 2%

c 3%

d 4%

If random samples are selected from a population, what happens to the margin of error if the sample size is increased from 100 to 400?

a the margin of error increases

b the margin of error decreases

c the margin of error stays the same

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Answers: 2

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