Automobile mechanics conduct diagnostic tests upon 150 new cars of specific make and model to find out the extent to which they are affected by recent recall because of faulty catalytic converters. They find that 42 of new cars tested do have faulty catalytic converters. Determine the margin of error for 99% confidence interval based upon such sample results?
Question 1 options:
0.2876
0.1140
0.0719
0.0944
0.0366