Nicholas W. answered 07/30/22
College Professor, Decade of Experience
The question requires you to compute a confidence interval (CI) for the true population proportion. Let p be the sample proportion, then the true population proportion belongs to the confidence interval p +/- (Zcritical)*sqrt([p*(1-p)]/(n)).
The sample proportion is given by p = 162/300 =.54, n = 300.
The standard deviation can be calculated by sqrt([p*(1-p)]/(n)) = sqrt [(0.54*(1-0.54))/300]=0.0288
From the Z-Table, the Zcritical for 90% CI is 1.645.
The CI is given by 0.54 +/- 1.645*0.0288, which gives 0.4926 to 0.5874.