Example s points on xam A national television network takes an exit poll of 1400 voters after each has cast a vote in an election. Of them, 740 say they voted for the Republican candidate. a) Treating the sample as a random sample from the population of all voters, would you predict the winner will be republican based on a 95% confidence interval? point estimate statistic : P = 740/ 1400=. 5284 critical value for 95 / ci = 1.94 standard ERROR: 1- 5286(1-. 5286) 1400 = . 0133 C. 1 . :. 5286: 1.96 (. 0133) . 5284. 02607 : (. 50253,.55467) b) Treating the sample as a random sample from the population of all voters, would you predict the winner will be republican based on a 99% confidence interval? c) Explain why you need stronger evidence to make a prediction when you want greater confidence