Answer:
0.1352 ± 0.1516
Step-by-step explanation:
The best estimate of the population is calculated as:
P = x/n
P = 717 / 500
P = 0.1434
The best estimate of the population is 0.1434
The value of margin of error is calculated as:
Z-critical value = 90%, Confidence = 0.1434
E = Z(c) * [tex]\sqrt{P(1-P)/n}[/tex]
E = 1.645 * [tex]\sqrt{0.1434(1-0.1434)/5000}[/tex]
E = 0.0082
A 90% confidence interval for the population proportion of returned survey is:
90%CI = P ± E
90%CI = 0.1434 ± 0.0082
90%CI = 0.1352 ± 0.1516