1. The dean at York university dean is interested in determining the proportion of students who receive some sort of financial aid at private schools in the state of Pennsylvania. Rather than examine the records for all students in the state, the dean randomly selects 200 students from the schools in Pennsylvania and finds that 59% of them are receiving financial aid.

1. How many students from within the sample received the financial aid?

2. Use a 99% confidence interval to estimate the population proportion of students who receive financial aid.

3. Interpret the meaning of the results obtained above?

(Provide all necessary computations to obtain full credit)