Basic Statistics Timed Question 9. Need in 50 Minutes!

Market researchers would like to know if consumers can taste the difference between a product made with low calorie oil and the same product made with regular oil. A random sample of 310 people are blindfolded and given both products to taste. Overall, 270 people correctly guess which is the low-calorie product.

Find a 95% confidence interval for the population percentage of people who can correctly guess the low-calorie product.

Approximately 84.3% to 89.9%

Approximately 83.3% to 90.9%

Approximately 81.3% to 92.9%

Approximately 76.3% to 97.9%