Using the z-distribution, as we are working with a proportion, the 99% confidence interval is given by:
CI = (44.34%, 54.43%).
A confidence interval of proportions is given by:
[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]
In which:
In this problem, we have a 99% confidence level, hence [tex]\alpha = 0.99[/tex], z is the value of Z that has a p-value of [tex]\frac{1+0.99}{2} = 0.995[/tex], so the critical value is z = 2.575.
Out of a sample of 650 high school students, 321 take the bus to school every day, hence:
[tex]n = 650, \pi = \frac{321}{650} = 0.4938[/tex]
Then, the bounds of the interval are given by:
[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.4938 - 2.575\sqrt{\frac{0.4938(0.5062)}{650}} = 0.4434[/tex]
[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.4938 + 2.575\sqrt{\frac{0.4938(0.5062)}{650}} = 0.5443[/tex]
Which means that the correct option is:
CI = (44.34%, 54.43%)
More can be learned about the z-distribution at https://brainly.com/question/14398287