8.43 Be an entrepreneur:
A student organization wants to start a nightclub for students under the age of 21. To assess support for this proposal, the organization will select an SRS of students and ask each respondent if he or she would patronize this type of establishment. About 70% of the student body are expected to respond favorably.
8.43
(a) . (b) Using , the margin of error is 0.0543.