Determine the confidence level of their confidence interval


A city wishes to take the survey to find out a confidence interval for proportion of its citizens who favor a new park. They've $95,000 to spend on the survey. The outside polling company charges $50 for each and every person in a survey. They decide that they want to spend all of the $95,000 and that they want their confidence interval to be of form p ± .015. Determine the confidence level of their confidence interval?

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Basic Statistics: Determine the confidence level of their confidence interval
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