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14. A financial officer for a company wants to estimate the percent of accounts receivable that are more than 30 days overdue. He surveys 150

14. A financial officer for a company wants to estimate the percent of accounts receivable that are more than 30 days overdue. He surveys 150 accounts and finds that 87 are more than 30 days overdue. What is the margin of error for a 95% confidence interval for the proportion of accounts receivable that are more than 30 days overdue? Recall that z=1.96 for 95% confidence.

Group of answer choices

7.9%

3.5%

8.1%

10.4%

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