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Suppose you surveyed 1000 randomly chosen people from your population and you found that 15% of them collect stamps. You want to estimate the proportion

Suppose you surveyed 1000 randomly chosen people from your population and you found that 15% of them collect stamps. You want to estimate the proportion of people who collect stamps using your data. What is the margin of error? Choose the closest answer.

0.02

0.03

0.01

0.05

Not enough information to tell

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