Using a sample of 250 informal producers, it was reported that 180 of them were paid more than the current minimum wage. Econometrician estimated a confidence interval between 0.70 to 0.78 for the population parameter. Given the information above, determine the confidence level of this interval. 0 a) None of the answers are correct 0 b) The value of the confidence level is between 76% and 78% O c] The value of the confidence level is between 83% and 85% Q d) The value of the confidence level is between 73% and 75% 0 e} The value of the confidence level is between 86% and 88%