• On May 23, 2013, Gallup reported that of the 1,005 people surveyed, 76% of U.S. workers believe that they will continue working past retirement age. The confidence level for this study was reported at 95% with a 3% margin of error.
• 1. Determine the estimated proportion from the sample.
• 2. Determine the sample size.
• 3. Identify C Land.
• 4. Calculate the error bound based on the information provided.
• 5.Compare the error bound in part d to the margin of error reported by Gallup. Explain any differences between the values.
• 6. Create a confidence interval for the results of this study.
• 7. A reporter is covering the release of this study for a local news station. How should she explain the confidence interval to her audience?