(1 point) Fireworks. Last summer, Survey USA published resultsof a survey stating that 301 of 538 randomly sampled Kansasresidents planned to set off fireworks on July 4th. Round allresults to 4 decimal places.
1. Calculate the point estimate for the proportion of Kansasresidents that planned to set off fireworks on July 4th
2. Calculate the standard error for the point estimate youcalculated in part 1.
3. Calculate the margin of error for a 99 % confidence intervalfor the proportion of Kansas residents that planned to set offfireworks on July 4th.
4. What are the lower and upper limits for the 99 % confidenceinterval. ( , )
5. Use the information from Survey USA poll to determine thesample size needed to construct a 99% confidence interval with amargin of error of no more than 2.7%. For consistency, use thereported sample proportion for the planning value of p* (rounded to4 decimal places) and round your Z-value to 3 decimal places. Youranswer should be an integer.
