A random sample of 200 students from a large college was asked if they planned to purchase flowers for their mother on Mother's Day. Based on this
random sample, a 95% confidence interval for the proportion of all students at this college who plan to purchase flowers for their mother on Mother's
Day was determined to have a lower bound of 0.55. Unfortunately, the upper bound was accidentally erased. It is known that the margin of error is 0.03.
Which of the following provide the point estimate for the proportion of all students at this college who plan to purchase flowers for their mother on
Mother's Day and what is the upper bound for the confidence interval?
O point estimate = 0.565; upper bound = 0.58
O point estimate = 0.52; upper bound = 0.49
O point estimate = 0.58; upper bound = 0.61
None of these is correct.