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Medium Math · Problem-Solving and Data Analysis · Inference from sample statistics and margin of error · MCQ

A bag containing 10,000 beads of assorted colors is purchased from a craft store. To estimate the percent of red beads in the bag, a sample of beads is selected at random. The percent of red beads in the bag was estimated to be 15%, with an associated margin of error of 2%. If r is the actual number of red beads in the bag, which of the following is most plausible?

  1. A

    r is greater than 1,700

  2. B

    1,300 is less than r, which is less than 1,700

  3. C

    200 is less than r, which is less than 1,500

  4. D

    r is less than 1,300

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id cb_question_bank:5ae4ca81-4930-4267-adc6-4f41007077ef · question fc46af57 · IBN 029361-DC · JSON