In a sample of 200 residents of georgetown county, 120 reported they believed the county real estate taxes were too high. develop a 95 percent confidence interval for the proportion of residents who believe the tax rate is too high. (round your answers to 3 decimal places.) confidence interval for the proportion of residents is up to . would it be reasonable to conclude that the majority of the taxpayers feel that the taxes are too high?

(a) The confidence interval is 0.5321<π<0.6679

(b) It can be said, with more than 95% certainty, that the majority of the taxpayers feel that the taxes are too high.

Step-by-step explanation:

First, we calculate the proportion p

For a 95% confidence interval, z-score is 1.96.

The lower and upper limit of the confidence interval can be calculated as

The confidence interval is 0.5321<π<0.6679

(b) The lower limit is above 53%, so it can be concluded that the majority of the taxpayers feel that the taxes are too high.