A lot of people that live in San Luis AZ have a job at Yuma or nearby the city. For this reason, Yuma county officials are considering expanding the highway between San Luis and Yuma. Since they will need a considerable amount of money to build the new highway, they want to make sure that at least 65% of employed adults that live in San Luis, travel to Yuma or nearby to get to their workplaces. From the 11,559 employed adults that live in San Luis, a random sample of 400 people was taken and 290 said that they work at Yuma or nearby. Assume that the Yuma county officials want to build a 95% confidence interval to estimate the proportion of employed adults that live in San Luis and travel to Yuma or nearby to get to their workplaces. Calculate the margin of error for this sample, assuming a level of confidence of 95%.
Construct a 95% confidence interval for the employed adults that live in San Luis AZ and travel to Yuma or nearby to get to their workplaces.
Explain the meaning of “95% level of confidence”, in context.
Interpret the confidence interval you created in question (b).
Given the confidence interval you calculated on (b), is it worth it to invest the money on this new highway?