A survey of 1010 college seniors working towards an undergraduate degree was conducted. Each student was asked, "Are you planning or not planning to pursue a graduate degree?" Of the 1010 surveyed, 658 stated that they were planning to pursue a graduate degree. Construct and interpret a 98% confidence interval for the proportion of college seniors who are planning to pursue a graduate degree.
◦ (0.621, 0.680); we are 98% confident that the proportion of college seniors who are planning to pursue a graduate degree is between 0.621 and 0.680.
◦ (0.620, 0.682); we are 98% confident that the proportion of college seniors who are planning to pursue a graduate degree is between 0.620 and 0.682.
◦ (0.612, 0.690); we are 98% confident that the proportion of college seniors who are planning to pursue a graduate degree is between 0.612 and 0.690.
◦ (0.616, 0.686); we are 98% confident that the proportion of college seniors who are planning to pursue a graduate degree is between 0.616 and 0.686.
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