3. An apple farmer needs to have his apples be a certain quality in order to sell to a market. He
takes a sample of 200 apples and finds that 93% of them pass his quality standard. If the farmer
has 25 tonnes of apples, at 95% confidence:
a) What is the margin of error? (2 Marks)
b) What is the confidence interval? (4 Marks)
c) If apples sell for $105 per tonne, what is the range of values the load in part c) will sell for?
(2 Marks)